Now this is a a multistrat fund. China Will Set Up Agency to Manage Part of Reserves

Discussion in 'Wall St. News' started by robertstone, Mar 9, 2007.

  1. The ultimate unwinding of China will come because they have too high a stake in too many semi gov controlled companies. They will eventually have to start using some of their massive reserves to prop up stocks. With their complete control of the press they can keep the lid on things until it's too late for people to realize. Imagine if when we crashed here our Gov was throwing money down the drain as the stocks which they owned most of were spiraling?