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| China-Japan-Koreas |
| China plays its first card: Will bail out EU |
| 2010-12-23 |
| China has said it is willing to bail out debt-ridden countries in the euro zone using its $2.7trillion overseas investment fund. I wonder what the second card will be. |
| Posted by:gorb |
| #5 Hu meets Obama on Jan 19th. They major issue on the agenda after the Koreas, will be the appreciation of the Yuan. These are probably preliminary moves to show what they can do to the dollar, if they want to. |
| Posted by: tipper 2010-12-23 21:40 |
| #4 For a few billion $, the PRC expects, at a minimum, - reduced criticism of its human rights violations - reduced pressure to curb copyright piracy |
| Posted by: Lord Garth 2010-12-23 13:41 |
| #3 ...and to be fair, so does/did our lame/last congress. Imagine PRC's surprise after loaning all that money to the USA, those ungrateful debtors started talking trash and not acting like stewards of China's land? And China has a little bit of recent history around this; Vietnam was not a gracious as China hoped. And it may be interesting if it happens, if China builds up Africa proper roads and refinaries and OIC proxies shut that down. |
| Posted by: swksvolFF 2010-12-23 13:26 |
| #2 Name it: technology, diplomacy (NATO), corner the Bear, keep current migration routes, even just simple purchasing property for monetary investment (though much more confident about recovery than most claim to be). A problem Europe will have, and the US if we keep this up, is what happens when the current population (including the first gens) are considered squatters? Besides, IMHO, the EU has more in common with PRC than it does with Europeans. |
| Posted by: swksvolFF 2010-12-23 13:04 |
| #1 I'm somewhat puzzled here, on the one hand, WE (USA) Don't have to do it, so that's good. On the other hand I've never heard of Chinese being Magnanimous, they're as stingy as Scots, so what's the deal here? The real deal, not the published one. Are they staking claim to future territory? Locking down Minerals? Getting zero interest loans and other "Favors"? But I don't believe for one instant they're a sweet old slant eyed Uncle, the image just doesn't fit. |
| Posted by: Redneck Jim 2010-12-23 11:52 |