PDA

View Full Version : China's Pockets Aren't Deep Enough During Crisis: William Pesek - Bloomberg



NewsWhore
06-08-2009, 04:06 AM
<img src=http://nt3.ggpht.com/news?imgefp=-0GNB0igtfEJ&imgurl=images.bloomberg.com/r06/news/pesek.jpg width=64 height=80 alt="" border=1> (http://news.google.com/news/url?sa=T&ct=us/0i-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601039%26sid%3DaRbfvUuTle5s&cid=1253537297&ei=I8ksSpWVGIOONsrqifAB&usg=AFQjCNEBPzGcFYFXsHtCPIuIJpLhL8LGzA)
<img alt="" height="1" width="1">
China&#39;s Pockets Aren&#39;t Deep Enough During Crisis: William Pesek (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601039%26sid%3DaRbfvUuTle5s&cid=1253537297&ei=I8ksSpWVGIOONsrqifAB&usg=AFQjCNEBPzGcFYFXsHtCPIuIJpLhL8LGzA)
Bloomberg
That also goes for a government sitting on top of about $2 trillion of currency reserves. China&#39;s deep pockets don&#39;t trump chaos in markets. Third, China isn&#39;t likely to go away quietly in the long run. A unique feature of China&#39;s economic model is a ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601039%26sid%3DaRbfvUuTle5s&cid=1253537297&ei=I8ksSpWVGIOONsrqifAB&usg=AFQjCNEBPzGcFYFXsHtCPIuIJpLhL8LGzA)