Friday, March 09, 2007

this could be huge...

China's planning to diversify their reserves, according to this Bloomberg story. How much might they put into the world markets? They say that they won't exit their Treasury holdings. Last year, their reserves grew by $200 billion. What if they invest half of that into global markets? They would probably buy out oil, mining, and resource companies. $100 billion would really shake up the markets immensely.

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