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To: Jeff Head; Godzilla; backhoe; piasa; All

http://www.freerepublic.com/focus/keyword?k=china

http://www.freerepublic.com/focus/f-news/1798492/posts

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http://www.chinadaily.com.cn/china/2007-03/10/content_824468.htm

"China forming company to invest huge reserves"
(agencies)
Updated: 2007-03-10 10:12

ARTICLE SNIPPET: "Beijing is to create one of the world's biggest investing companies, with possible ramifications for global stock, bond and commodities markets, and might also affect how the US finances its huge budget deficits.

Chinese Finance Minister Jin Renqing said on Friday in Beijing on the sidelines of the ongoing National People's Congress session, that Beijing is trying to make more profitable use of its $1 trillion in foreign currency reserves. It is believed that most of the reserves are now parked in safe, but relatively low-yielding US Treasury securities and other dollar-denominated assets.

"We can achieve more profit from (wiser) investments (of the reserves)," Jin said at a news conference. "We are now in the stage of forming this new company.""


562 posted on 03/10/2007 12:26:12 AM PST by Cindy
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To: All

http://www.freerepublic.com/focus/keyword?k=syria
http://www.memri.org/syria.html

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http://www.freerepublic.com/focus/f-news/1798230/posts

"Syria deploys thousands of rockets on Israel border: sources"
YAHOO NEWS/AFP ^ | Fri Mar 9 | Ron Bousso

Posted on 03/09/2007 12:54:36 PM PST by Izzy Dunne

JERUSALEM (AFP)


563 posted on 03/10/2007 1:26:13 AM PST by Cindy
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