Monday, October 12, 2009
It's China's world. We just live in it. In 08, China's investments abroad doubled from $25 billion to $50 billion. China still lags the U.S. - the world's largest exporter of capital, invested $318 billion abroad in 08.. So far this decade China has spent $115 billion on foreign acquisitions. nation is sitting on massive foreign-exchange wealth ($2.1 trillion and counting), it is eager to find something (anything!) to invest in besides U.S. Treasury debt.
