China, who can eveavesdrop on U.S. communications, is becoming negative on U.S. debt

Discussion in 'Economics' started by wilburbear, May 16, 2011.

  1. Not correct... It's a well-known fact that China transacts a large proportion of its treasury purchases through the UK. See here, for example:

    If you take the Mar 2011 figure, the increase in purchases by the UK more than offsets the decrease in Chinese purchases. If you look at the total UK & China net flows for the past 5 months, it's virtually 0, from my rough calculation.