Sunday, June 26, 2011

China : World's Factory becomes World's Financial Hero !

SnapShot Summary

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. While Troika was discussing Greece Debt restructure, China was the unseen guestLike the secret buyer in an auction. Giving the secret nod.
. China to the World's rescue

. The World's Factory becomes the World's Hero & Investors
. From Africa to now Europe and US infrastructure soon.
.Could it be the concerted effort of central banks interest rate raisings

.Some sort of "conspiracy"
. Could it be if like it has been said its not the Quantity of Money but velocity
. That somehow liquidity is going to be pumped out of the system.
. Not neccessary into equities,
. Near term probably but eventually even equities monies will go into infrastructures
. So the recent tightening means no new monies coming Into the system
. So the banks has to released & market has to absorb whatever is in the system now.




"China has been supportive to euro area countries facing difficulties experienced by the euro, just as the EU supports China's stable development with investment and technology," Van Rompuy said, "We are becoming part of the solution of the other side's challenges."
Wen's ongoing visit to Europe, with a small delegation of heavyweight figures, including Minister of the National Development and Reform Commission Zhang Ping, Minister of Commerce Chen Deming and central bank governor Zhou Xiaochuan, is expected to help EU further battle the debt troubles that have lasted 18 months.


http://english.peopledaily.com.cn/90001/90776/90883/7420627.html

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