China is the World Bank's LARGEST Brorrower

Discussion in 'Wall St. News' started by palenimbus, Jun 11, 2007.

  1. How can this be? They have gigantic trade surpluses, a government that is flush with cash, a 1.2 Trillion Dollar foreign exchange reserves etc. Yet they are the largest borrower from the world bank which is funded by western tax dollars.

    Makes my blood boil.
  2. First of all, don't let your blood boil; it's not good for trading.

    Secondly, If I had the opportunity I would do the same.

    Wouldn't you?