China interested in Latam bonds and Yuan swaps to ensure trade

Tuesday, March 31st 2009 - 07:09 UTC

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China is likely to buy more Latin American bonds and promote Yuan swaps to support increased public spending in the region to combat the global financial crisis, revealed a Beijing think tank researcher. Read full article

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James Raider
China is simply flexing its economic muscle before the G20 meeting.

http://pacificgatepost.blogspot.com/2009/03/chinas-weak-gambit-on-currency-shift.html

The U.S. Dollar is not about to be replaced, regardless what China's wishes might be.
Mar 31st, 2009 - 10:17 am - Link - Report abuse 0
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