The head of China's giant sovereign-wealth fund sees mounting risks of a breakup of the euro zone, and says China Investment Corp. has scaled back its holdings of stocks and bonds across Europe.
The comments by CIC Chairman Lou Jiwei are among the most bearish pronouncements yet on Europe by a senior Chinese official. They reflect growing dismay in Beijing at how European leaders are handling the escalating crisis in China's largest export market, and anxiety over the potential for global contagion.
"There is a risk that the euro zone may fall apart and that risk is rising," Mr. Lou ...LEFTIST SPENDING POLICIES AND LEFTIST IMMIGRATION POLICIES AND LEFTIST MULTICULTURALISM POLICIES HAVE VIRTUALLY DESTROYED EUROPE - WHICH, IF THEY'RE NOT ARRESTED, WILL LEAD EUROPE TO GO THE WAY OF BYZANTIUM AND BECOME ANOTHER TURKEY.
ECONOMIC, SOCIAL AND CULTURAL COLLAPSE IS CLOSER THAN EVER.
THEY NEED A FEW REAGANS AND THATCHERS AND JP2'S OVER THERE, AND THEY NEED THEM NOW!
No comments:
Post a Comment