| From Reuters: China will buy as much as $50 billion in bonds issued by the International Monetary Fund, which needs more cash to lend to countries hit by the global financial crisis, a senior IMF official said on Friday.
"The Chinese authorities have indicated that ... (they) would be interested in investing up to $50 billion in these bonds when they are ready and we hope that other countries will follow suit," John Lipsky, the IMF's first deputy managing director, said in an interview with Reuters Television.......Full Article: Source
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