China to 'liquidate' US Treasuries, not dollars

China tells US, EU to open up for investment

The United States and Europe should be more open to Chinese investment as they seek help in resolving crippling sovereign debt crises, China's state Xinhua news agency said Tuesday.

With more than $3 trillion in foreign currency reserves China, the world's second-largest economy, has emerged as a major player as Western nations seek buyers for their sovereign debt.

On Tuesday Xinhua said Beijing could "play a positive role in working out a solution to the current predicament" faced by the United States and some European countries in return for more openness to Chinese investment.

Of course... let us buy everything, it's for your own good!

reply to post by pause4thought


Cash is Trash. So why on earth would the U.S - Federal Reserve that is owned by a private company in the UK in London, would want to purchase fiat currency to give away there precious gold. It just wouldn't happen.

reply to post by pause4thought


I learnt about that simple method of taking 10% of my qaurtly income every quarter and invest into Gold. I learn from the best, Kevin Trudea :-) He's on a Good Standing now.