AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
China curbing its appetite for U.S. debt.(Inside Track)(United States government debt)(Brief article)
China is finally being forced to curb her appetite for U.S. government debt, according to the New York Times. China, which last September overtook Japan as the largest international holder of U.S. Treasuries, now holds more than $1 trillion in U.S. government debt. Its willingness to buy IOUs from the U.S. government is the major reason that the Fed's reckless creation of money out of thin air over the past several years has not resulted in hyperinflation at home. Newly printed money, in the form of government debt issues, can always be exported when there are willing purchasers overseas, and the removal of that money from circulation here at home helps buoy up the purchasing power of the dollar.
[ILLUSTRATION OMITTED]
Now, however, China is struggling to deal with the global economic downturn. To stimulate its own economy, the ...
- HSBC allowed to underwrite government debt in China.
- News wire article from: Asia Africa Intelligence Wire February 18, 2004 700+ words
...first foreign bank to win approval to underwrite government debt issues in China, responding to growing client interest in yuan...to other institutions. Earlier reports said that China will issue 110 billion yuan (US$13.3 billion...
- Chinese development official explains new government debt strategy.
- News wire article from: Asia Africa Intelligence Wire March 10, 2004 700+ words
...investment through government debt on this scale...foundation for China's sustained...the focus of government debt-funded investment in China this year...issuance of government debt? [Yang Qingwei...contradictions in China between economics...
- The bright side of soaring government debt.
- News wire article from: Asia Africa Intelligence Wire December 1, 2003 700+ words
...press coverage depicts China's government as hopelessly...creation of even more government debt. Nothing could be...recently completed by the China Economic Quarterly shows that since 1997, China's domestic government debt has surged by a factor...
- Investor interest grows as the value of corporate and government debt becomes...
- News wire article from: Asia Africa Intelligence Wire March 16, 2003 700+ words
(From South China Morning Post) Byline: Gwyneth Roberts...managers say there is limited upside for government debt in the current economic conditions...mixed portfolio of corporate and government debt of varying ratings and terms to maturity...
- Chinese adviser urges probe, registration of "huge" local government debt.
- Newspaper article from: BBC Monitoring International Reports March 8, 2006 700+ words
...English by official Chinese news agency Xinhua (New China News Agency) Beijing, 8 March: China's local governments, particularly those at...2004 figures, the debts of local governments in China totalled at least 1 trillion yuan, with half...
- Flow of government debt to remain robust.
- News wire article from: Asia Africa Intelligence Wire February 15, 2005 700+ words
(From South China Morning Post) Byline: bonds Anette Jonsson Asia-Pacific governments...US$10 trillion of outstanding debt by year-end, S&P said. China, India, and South Korea would each account for about 4 per cent, while...
- QUARTERLY MARKET REVIEW - BONDS: Uncertainty boosts government debt.
- Magazine article from: Fund Strategy September 24, 2007 700+ words
...years, inflation has stayed resolutely low, mainly owing to China's burgeoning economy. Companies across the globe have been shifting production to this cheaper country: China has been effectively "exporting deflation". Some sectors...
- As Asia booms, the Philippines is awash in red ink; Government debt has reached...
- Newspaper article from: The Christian Science Monitor December 24, 2004 700+ words
...to President Arroyo. The Philippines debt crunch comes as East Asia hits its strongest economic patch since 1997, helped by China's rapid expansion. Even the Philippines looks strong on paper: it grew by 6.3 percent in the third quarter. But its government...
- Government Debt and Economic Growth in an Overlapping Generations Model.
- Magazine article from: Southern Economic Journal Lin, Shuanglin January 1, 2000 700+ words
...studies have shown that an increase in government debt raises the real interest rate and...this paper shows that an increase in government debt may not increase the real interest...growth and that an introduction of government debt will increase the growth rate of per...
- Government debt jumped to 103% of GDP in first half.
- News wire article from: Asia Africa Intelligence Wire September 18, 2002 700+ words
...The total (internal and external) government debt rose 2.7% in real terms to NIS...the Bank of Israel reports. The government debt grew by NIS 41 billion in this period...31 billion in 2001. In 1995, the government debt grew by NIS 201 billion - 170% in...
Source: HighBeam Research, China curbing its appetite for U.S. debt.(Inside Track)(United States...