China Should Buy U.S. Treasuries and Gold, PBOC Economist Says

15 July 2009  Bloomberg.com

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China and other nations with large dollar reserves should hold negotiations with the U.S. government on how those funds can be injected into the world’s largest economy, and those talks should include the possibility of shifting bond holdings into other assets such as stocks and gold, Wang wrote.

http://www.bloomberg.com/apps/news?pid=20601087&sid=awz3NJatMDzk