Pages

Search This Blog

Tuesday, August 16, 2011

U.S. Treasuries Safest Bet for China

U.S. Treasuries Safest Bet for China
Despite this month's U.S. credit downgrade, U.S. treasuries remain the safest investment (Reuters) for China's foreign exchange reserves, said Guo Shuqing, chairman of China Construction Bank and former head of China's State Administration of Foreign Exchange.
Enhanced by Zemanta

No comments: