China 'Worried' About Safety of U.S. Treasuries

China 'Worried' About Safety of U.S. Treasuries

www.nytimes.com

HONG KONG — China, the world’s biggest holder of United States government debt, on Friday expressed concern about the safety of those assets as American deficits have ballooned with costly stimulus and bailout packages aimed at rescuing the economy..

The Chinese prime minister, Wen Jiabao, said he was “worried” about its holdings of U.S. Treasuries and called on the United States to provide assurances that the investment was safe. His remarks came at a news conference in Beijing after the final session of the National People’s Congress, the Chinese legislature.

(visit the link for the full news article)

If China becomes convinced that its investment in buying our debt is worthlesss we will quickly see relations between us and China go down the proverbial toilet.

We could also see our government quickly going bankrupt in the process and where that leads to is anyone's guess.

I would hope confidence can be restored but I am worried that it may be too late to do so.

www.nytimes.com
(visit the link for the full news article)

They are just worried NOW? That's funny.

Maybe they are releasing this information to say to american ships spying on China to get out of there or they will drop the hammer and stop buying treasuries, making hyperinflation a reality?

Aw, jeeze, China. You just now getting concerned about this? I have been concerned about this for years. Maybe you Chinese shouldn't have invested so much into a capitalistic economy, considering you have railed against such things for years. Then, again, maybe this is just a put on by the Chinese as they sit and laugh and consider that maybe Mao was right when he predicted the U.S. was a paper tiger that China would eventually conquer. So now they feign concern, hoping for us to offer higher interest payments if they will continue to finance our demise.

Could that have been the reason Citibank and Obama both said "Hey we are doin good'? Seems that China knows that might not have been a good idea.
Hopefully nothing progresses or gets ugly.

I'm not conserned about China and who should be? Should be more worried about the possibility of another revolution within the states or maybe just the riots and what not thats gonna be happening over the summer. Seriously? China isn't a threat and neither is Russia. The United States of America is going through its own social war between its citizens and its government and that never ends well. Maybe China sees this and maybe thats the reason behind their concerns.

To be honest it doesn't matter if your a believer of the NWO or not. What we have been seeing the past year in half should say alot regardless of who is running things. The government is getting larger and the people are getting fed up.

silly americans your war machine dares to provoke China and you expect mercy

Not to the above poster...not sure what happened. there. I was trying to reply to Mr-X

I totaly agree.
i see the gov't expanding and the peoples wallets shrinking. Mine is.
NWO or no NWO,

[edit on 13-3-2009 by realboogyman]

[edit on 13-3-2009 by realboogyman]

The Chinese prime minister, Wen Jiabao, said he was “worried” about its holdings of U.S. Treasuries and called on the United States to provide assurances that the investment was safe.

reply to post by MikeboydUS


Wen's fears are real and solidly based. He knows what socialism can do to a country first hand as China is quaisi socialist!

Socialism is what Barack and his ultra left administration is trying to create in America and Wen knows it will destroy our production and our ability to pay off our Treasury Bill debt.

China will loose billions if not trillions if Obama is able to destroy our capitolistic system as he seems to be effectively doing.

Wen is a very perseptive leader!

reply to post by sadchild01


If I were you I would restate your opinion there because if you think us Americans approve of what our government is Doing then you your self is brain washed. Besides out of all the stuff the U.S has done on this planet since its creation and no other nation ever really stepped up to stop the U.S when it was acting in wrong then something should tell you that these "governments" are interlocked. But you wouldn't know that so its cool.


Edited to add
Are you Anti American or something? Do you really think that its the American government behind EVERYTHING its doing? If so you seriously need help my friend. I wont call you my brother thats for sure. As to the Mods don't worry I wont be replying to this thread again.

[edit on 13-3-2009 by Mr.x211]

[edit on 13-3-2009 by Mr.x211]

OI CHINA, don't forget that America gain you 'imminent domain' as collateral against their debts to you.
That means when they can't afford to pay you the money they owe then you can go over and claim land, 'I'd start with Washington DC area, that way you can own the Politicians too.

I thought you yanks would of known the drill by now...

If they are not with you (buying your debt) then they are against you ((axis of evil)supporting terrorism)