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Thread: Will China help US out of financial crisis?
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[quote=JIMMYB,329323]A source said that China would take out 200 billion to bail US out of the financial crisis. But China finally cleared that it never said this. Now Ken Rogoff of Harvard made another suggestion---"China could offer to lend up to $500bn (from its current stock of $1,800bn) to the US government for the rescue of its financial sector." According to him, China won't help US out unconditionally. There must be some conditions attached. Some people think China will give a hand to US. First, the financial crisis will be over and global liquidity problem will be avoided too. Second, if China helps US out of crisis, it can gain some economic interests. US economy will get out of recession. So China's export can be protected. Do you think China will offer 500 billion to help US out of crisis?[/quote]
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