The Debts of the Spenders: China Asks For Re-Assurance That It's Treasuries Are Safe

Ok. This story has been thrown about in the blogosphere for a while now so I'll let more intelligent and cooler heads prevail.

Please see:

http://accruedint.blogspot.com/2009/03/
china-i-just-as-soon-kiss-wookie.html

for a contrarian analysis.


Here is the original story (w/update):

http://www.telegraph.co.uk/finance/financetopics/
g20-summit/4984924/Chinese-premier-
Wen-Jiabao-worried-about-US-debt..html