MattGigEm

China to Ask for U.S. Treasury Guarantees

I agree with everything you said except for this: "While China may be posturing after suffering $5 billion in losses on its $10.5 billion investments in Blackstone (BX), Morgan Stanley (MS) and TPG." The Chinese think very long term. They may be posturing but I doubt they are concerned with what is probably an inconsequential and temporary $5 billion loss.

Good article.