Monday, August 8, 2011

Fox News : China Debt-GDP worst than Portugal

. Fox News : China Debt-GDP worst than Portugal
. Is this a nationalistic journalism tit and tat or
. Is it a forewarning of the next play in the financial market ?
. Temasek, Singapore Sovereign Wealth Fund has divested out if Chinese banks.
. Do we need to read in between the lines ?
. Or is this article just a distraction for the current US debt downgrade ?

. Most important question, if its true, then we better watch closely the development in China.

http://www.foxbusiness.com/markets/2011/08/07/chinas-debt-problem-worse-http://online.wsj.com/article/SB10001424053111904140604576493831749969702.html?mod=googlenews_wsj-portugal/

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