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Friday, August 21, 2009 at 12:36 AM
12:36AM

Some numbers on China's resource splurge

DateFriday, August 21, 2009 at 12:36AM

FEATURE: "China's Shopping Spree: Forget Treasuries. It's hard assets that Beijing covets now," by Dexter Roberts and Frederik Balfour, BusinessWeek, 27 July 2009.

In the $3B range in 03-04 and now just under $60B, with the big jump between 2007 (just over $20B) and 2008 (over $50B).

Bottom-feeding at its best, which is smart.

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