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Reuters: China frets at U.S. risk after Fannie/Freddie bailout

Started by chris, September 08, 2008, 09:00:31 AM

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chris

China frets at U.S. risk after Fannie/Freddie bailout
      


BEIJING (Reuters) - The U.S. Treasury's takeover of Fannie Mae and Freddie Mac is good news in the short term for China, the biggest holder of the giant mortgage lenders' debt, but Beijing's huge U.S. exposure still poses a serious risk, a prominent government researcher said on Monday.
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