A Yen to Spend
September 22nd, 2005 by 
InLibrisLibertas
“Investing some of China’s massive foreign reserves into U.S. Treasurys is ‘not worthwhile,’ a senior party official said Thursday.”
“‘I think it’s better that China should invest its huge forex reserves in overseas energy resources stocks as reserves,’ said Zheng Xinli, deputy minister of China’s Central Policy Research Office.”
Posted in Energy | 