posted on Mar, 23 2009 @ 12:46 PM
Well, to me this is just "DUH!!!!" Of course China is going to continue investing in US Bonds. They own way too many to even think about allowing
the US economy to tank further. No, China NEEDS - desperatly needs the US economy to recover for a few reasons: a.) If the US consumer begins
shopping again, China's GDP grows, b.) China has far too many eggs in the US financials basket that it stands to lose catastrophically is the US
economy falls much more, c.) continued decline in foreign markets will likely lead to instability endangering China either from within or through war
with other countries.
Sure, China has been posturing alot lately on the issue - but the reality is that they are in for a penny, in a for a pound!