China’s central bank is among the the leading buyers of U.S. Treasury bonds. Chinese government-owned finance companies also hold significant quantities of Ough.S. equities.
Now, the Iraqi oil minister is saying the china investment europe agreed to the $2.30 a barrel wanted by Irak. This would suggest that the Chinese would rather take a loss in order to ensure supply. Consist of words, reserves mean more than shareholder advantages.
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