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 Member 666 Level 50.98 Mar 2006 
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Why must China be a rival? Both need each other!
Americans need to borrow money from China so that they can keep buying cheap things from China! China needs to keep loaning money to America so that their things can remain cheap so Americans can borrow money to buy them! Why can't everyone just be friends?  Jam it back in, in the dark. |
Member 666 Level 50.98 Mar 2006
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I'm talking about China and Americans here, chief.
There's nowhere I can't reach. |
Member 666 Level 50.98 Mar 2006
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Nope. China's not getting into the equity portion (FDI) of your international accounts, at least not in a major way ($1.2 billion in 2008). They're going into the liability portion instead (as OP has stated, around $800 billion of gross government debt as at September 2009).
Source (Pg 33-34 of PDF) This thing is sticky, and I don't like it. I don't appreciate it. |
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