Friday, March 13, 2009
"China 'worried' about US Treasury holdings"
"We have made a huge amount of loans to the United States. Of course we are concerned about the safety of our assets. To be honest, I'm a little bit worried," [Chinese Premier] Wen said at a news conference following the closing of China's annual legislative session. "I would like to call on the United States to honor its words, stay a credible nation and ensure the safety of Chinese assets."
via mywaynews
Not enjoying being right about the possibility of real bad problems with China in the future.
"five Chinese boats ...harassed and nearly collided with an unarmed American vessel."
Labels: Chinese investments, external ownership, foreign investment, US treasuries
Friday, February 06, 2009
"US Treasury in plans for record debt sale" - via Financial Time
"For Barack Obama’s administration, the step-up in borrowing costs comes as it is fighting to secure an $800bn-plus fiscal stimulus, and is likely to need many hundreds of billions more to fund a banking sector clean-up.
The Treasury Borrowing Advisory Committee expressed concern on Wednesday over the sharp jump in net borrowing needs – which market analysts estimate could reach $1,500bn to $2,500bn for the 2009 financial year.
Traders are particularly concerned about the appetite for Treasuries among foreign investors, who hold more than half the outstanding $5,500bn in Treasury debt."
Labels: external debt, foreign investment, national debt
Tuesday, May 20, 2008
"Spanish firm offers $12.8 billion to lease Pa. Turnpike" - via philly.com
Citigroup and their Spanish counterpart make money off of Americans who use their own roads. Brilliant.
Labels: foreign investment, Pennsylvania, Spain, toll roads
