BEIJING (AP) — China plans to set up a special unit to crack down on organized crime, which is on the increase as the country’s economy slows, state media said Monday.
The Ministry of Public Security is creating a new division that will focus on gang-related crimes such as organized prostitution, gambling, drug production and trafficking, [...]
BEIJING (AFP) — China warned Wednesday it would not keep lending money to the US economy indefinitely, even as new data showed it had consolidated its position as the top buyer of American government bonds.
“China’s increased purchase of US Treasury securities should not be interpreted as an endorsement of the assumption that the US can [...]
(China Daily)
Updated: 2008-09-12 07:32
China, which holds a fifth of its currency reserves in Fannie Mae and Freddie Mac debt, may cut the portion held in US dollars, according to China International Capital Corp (CICC), one of the nation’s biggest investment banks.
The US government this week seized control of the two mortgage-finance companies, which account for [...]
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