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People's Bank of China powers into Britain
 
Published by kidmercuryblog
09-03-2008

People's Bank of China powers into Britain

As China's behavior is showig, protection of assets through speculation is going to become necessary, for individuals and ecosystems. The creation of virtual markets will enable this, and thus I believe could save us from global economic collapse. -- KM

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China's central bank has acquired a secret stake in Drax, the owner of the UK's biggest coal-fired power station ... The stakebuilding provides a further illustration of the extent to which the Chinese government is deploying its vast foreign exchange holdings in overseas markets as it seeks greater returns than those yielded by its holdings of US treasury bills.

Go to Full Article | via David Icke
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china, market state, speculation

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