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Old 11-11-2008, 05:28 AM   #1
SCcoug
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Join Date: Apr 2007
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Default China's "bailout" plan

China announces its own stimulus package of $586 billion only instead of going to the financial sector it is going to the real economy.

http://www.nytimes.com/2008/11/10/wo...in&oref=slogin

With this big of a stimulus package how will that affect China's ability to continue to buy t-bills. In August of this year China held 541 billion dollars up from 471 from a year ago.
http://www.ustreas.gov/tic/mfh.txt
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