Comments on: China Stepping Up Purchases of U.S. Treasury Debt

By: Ross

Ross — Sun, 26 Apr 2009 09:21:08 +0000

I agree with interested. Too much rests on this to get this wrong.

By: Gerry

Gerry — Sun, 26 Apr 2009 08:59:58 +0000

"China still purchasing American Treasury debt?".Yes most probably. China will still be running trade surpluses by keeping their current exchange rate as low as possible and selling cheaper goods to the US albeit at a much lower volume and will still be investing in US dollars,to maintain that exchange in the face of us pressure and to protect to some degree their massive investment as they continue to invest in commodities and diversify across the globe. The US has them in a position where they may have to throw some good money after potentially bad money to protect themselves whilst building for the future.They have too much invested to see it fail at this point.

By: watcher7

watcher7 — Sun, 26 Apr 2009 08:41:25 +0000

Is China souring on the dollar?

http://www.economist.com/finance/displaystory.cfm?story_id=13527242

By: Interested

Interested — Sat, 25 Apr 2009 11:27:09 +0000

Hello.
please ....
"Meanwhile, a report tells us that China is stepping up its purchases of U.S. Treasury debt."
....could you give a source for this statement/report ?
From all accounts they are relieving themselves of u.s. dollars and turning them into hard asset commodities instead.
I was not aware they are still buying into the american financial market.
I would be very interested in seeing the source for such a remark .
Thank you