On Sun, Jul 11, 2010 at 10:15:41AM +0800, Sandy Harris wrote:
>
> They could reduce holdings of US Treasury bills, buying US equity
> instead, or shifting to European debt. This would be much more of
> a problem for US gov't than for Chinese.
>
> They are already both exporting to and investing in places like
> Africa, Brazil, Australia, the Middle East. They are trying to
> shift exports toward higher tech products, like the high-speed
> rail system they are negotiating with Brazil. Much of the
> investment is aimed at control of resources -- mining and
> natural gas, forestry, ..
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
-- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com