I tend to think Hanrahan has it fairly right.
“Seems to me that they would prefer to invest in resources than US Treasuries. As a command economy they could direct their central bank to buy "real stuff" rather than US fiat money.”
Maybe an indication of where the Chinese expect the US$ to go.
- Forums
- ASX - By Stock
- GBG
- dumb or smart chinese ?
dumb or smart chinese ?, page-9
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)