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China may buy more Europe bonds [Copy link] 中文

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Post time 2011-4-22 09:20:18 |Display all floors
from bloomberg news

China is open to buying more bonds of indebted euro-area nations as part of a strategy to bolster the European Union economy and diversify away from investments in U.S. debt, China's ambassador to the EU, Song Zhe, said.

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Post time 2011-4-22 09:34:53 |Display all floors
Premier Wen Jaibao told the Spanish prime minister, who was attending the 2011 Boao Forum, that China will continue to buy Spanish national debt and weill particpate in the restructuring of spain's saving banks.
Chinese is a responsible investor in the European financial market.

Spain is overhauling saving banks suffering from the collapse of a decade-long property boom, ...

China already holds 25 billion euros of Spanish sovereign ebt,  up from 6 billion euros in 2009, ...

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Post time 2011-4-22 09:42:34 |Display all floors
China bought many loans from U.S. after the collapse of property boom there.
China said it is a resposible country.
China bought many loans from Spain after the collapse of property boom there.
China said it is a responsible country.

I am wandering.

Is Chinese government a responsible government for its people??????????????/

Chinese government-own wealth are actually from Chinese people.

Chinese are still one of the poorest people on earth, 1 in 10 Chinese still live under RMB150 ($30) a month, though Chinese government is one of richest government in the world.

Who is that responsible government of foreign country for China?

Who would buy the junk, those bad Chinese loans, after the collapse of Chinese property boom in future??????????/


[ Last edited by 468259058 at 2011-4-22 09:44 AM ]

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Post time 2011-4-22 09:48:28 |Display all floors
Why do Chinese government not trust its own people?
Why do Chinese government invest the wealth on the business of its own people?

But invest the wealth to foreign junks??

Is that "Ning Yu You Bang, Bu Yu Jia Nu" said by Cixi in late Qing dynasty??
Chinese government prefer donating the public wealth to foreign governments rather than distributing to its slave people.
(Chinese government view ordinary Chinese as slave people )

is it because the foreign governments decide validation of Chinese government, not Chinese people.

[ Last edited by 468259058 at 2011-4-22 09:50 AM ]

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