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[OM] ( OM ) OT; China - a shift in global power?

Subject: [OM] ( OM ) OT; China - a shift in global power?
From: "Brian Swale" <bj@xxxxxxxxxxxxxxx>
Date: Fri, 13 Nov 2009 13:24:46 +1300
Something heard on talk-back radio here today;

Apparently China has 347 trillion US dollars in kitty, and they want to spend 
it. "They" are apparently about to go on a global spending spree. It's been 
happening already here.

Add to that the reported huge loans to the USA to fund the Iraq war, said to 
be so huge that USA can never pay the loans back. Any repayment will just 
add to the 347 trillion ...

Brian Swale. 
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