Saturday, May 3, 2008

Why China is the REAL master of the universe

From the UK-based newspaper Daily Mail, an interesting view on China's rise....

Why China is the REAL master of the universe

Reason #2 to teach your kids mandarin

In the future, Chinese investors may own more than just $1 trillion of US Gov debt.

China to allow investment into U.S. stocks, funds

From the article:
"Chinese investors are moving beyond US gov securities....from the article: "China banking and securities regulators signed an agreement with their U.S. counterparts that will help to lay the groundwork to enable Chinese investors to buy and sell U.S. stocks and mutual funds."