Buying US Treasury bonds is the only option?

Buying US Treasury bonds is the only option?
Feb 12, 2009 02:24
PANADA Points: Join Date: Jun 7, 2008 Status: offline	An official of CSRC said yesterday that China would continue to buy US Treasury bonds though it knows that dollar would keep depreciating. He also added that such investment was the only option for China. In the meantime, he said that the government would encourage the banks to finance domestic mergers and acquisitions instead of providing money to those troubled financial corps and institutions in other countries. Is buying US Treasury bonds really the only option for China?

Feb 12, 2009 02:24

PANADA
Points:
Join Date: Jun 7, 2008
Status: offline

An official of CSRC said yesterday that China would continue to buy US Treasury bonds though it knows that dollar would keep depreciating. He also added that such investment was the only option for China.

In the meantime, he said that the government would encourage the banks to finance domestic mergers and acquisitions instead of providing money to those troubled financial corps and institutions in other countries.

Is buying US Treasury bonds really the only option for China?

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