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He Jun: China Has a Lot of Domestic Issues to Deal with

    He Jun, an analyst with the Anbound Group, commented that China’s enormous holdings of US bonds are in danger, and the continual injecting of funds into the US economy should be stopped. “China is not capable of helping the US. We have a lot of domestic issues to deal with, such as social security, medical insurance, education and issues concerning agriculture, the countryside and farmers. Never overrate our own abilities.” Capital outflow has impacted considerably on China, as many foreign companies have withdrawn capital from China to keep their balance sheets steady.
VOL.59 NO.12 December 2010 Advertise on Site Contact Us