I'm sure there is no truth to this rumour... But China is reportedly close to buying 6.4 billion in convertible bonds of Citigroup followed by a manditory conversion into non-voting shares of C. I guess the non-voting rings true as it should satisfy congress and Lou Dobbs. Again this is just a rumour, but if it pans out true, diddn't Dubai do the same thing recently? Have they just had their future share ownership diluted as they did the prior shareholders before them? The irony!