China says lending to US will not go on forever

China says lending to US will not go on forever

Wed Dec 17, 2:38 am ET

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 borrow its way out of the current financial crisis," the China Daily said in an editorial.



[link to news.yahoo.com]

Last Edited by Phennommennonn on 08/30/2011 06:27 PM