arthurkArthur Kroeber by Fons1 via Flickr

China will keep on buying US treasuries, even against all odds. Arthur Kroeber, managing editor of the China Economic Quarterly, tells the Financial Times:

“China’s default policy is to pursue stability at all costs. They do not want to rock the boat when things are unstable.”

Secretary of State Hillary Clinton wanted to make sure that, despite domestic misgivings, China will keep on supporting the US economy. She seems to have gotten that support.
Commercial
Arthur Kroeber is also a speaker at the China Speakers Bureau. When you are interested in having him at your meeting, do get in touch.

Reblog this post [with Zemanta]
Please follow and like us: