World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
China Rebuffs Hopes for Bailout
Keywords:
Gao Xiqing, vice chairman, president of China Investment Corporation, told a panel discussion during meetings of the International Monetary Fund, on September 24, 2011, China cannot be expected to provide solutions to the eurozone debt crisis. Xiqing said: "We're not saviors. We have to save ourselves." He added that CIC would consider buying bonds of troubled eurozone countries -"if it has a risk profile that fits into our allocation, but don't expect us to buy more than our risk appetite would take." And the head of China's central bank, Zhou Xiaochuan, told the panel that China cannot raise its growth rate because of inflation and other problems from unsustainable growth.
China Investment Corporation (CIC) plans and strategies
05/09/2006
China's sovereign wealth fund with about $70 billion of the $200 billion in the fund allocated for foreign investments mostly of the portfolio kind.
Grouped Articles
Chinaâs Sovereign Wealth Fund Buys Shares in Major Banks
New York Times 10/10/2011
Low-Key Politician to Take Helm of China's $500 Billion Fund
Wall Street Journal 07/01/2013
Economist 08/21/2010
Central Huijin Raises $7.94 Billion in Bond Sale
Wall Street Journal 08/26/2010
China Fund Shifts Focus From Energy
Wall Street Journal 02/19/2014
China’s CIC Gearing Up Investment in Overseas Assets
Wall Street Journal 03/29/2015
China's policy of continued support for Spain's sovereign government debt and other European debt
01/04/2011
China is wary of the impact on its largest export market of a fall in the euro as a result of a eurozone crisis in Spain and Portugal. China plans to buy a significant portion of Spain's debt issuance of 200 billion euros in 2011.
Grouped Articles
Japan's Stimulus Generates Ripples
Wall Street Journal 04/09/2013
EU Aims to Seal Deal With Beijing
Wall Street Journal 01/07/2011
Spain Pegs Cajas' Possible Problem Debt
Wall Street Journal 02/22/2011
Wall Street Journal 03/11/2011
Spain Takes Turn in Debt Spotlight
Wall Street Journal 03/25/2011
China Hopes Its Bond Buys Will Help Shore Up Europe
Wall Street Journal 04/22/2011
China's policy for the eurozone debt crisis
01/04/2011
Grouped Articles
Japan's Stimulus Generates Ripples
Wall Street Journal 04/09/2013
Beijing Signals Interest in Spain Debt
Wall Street Journal 01/04/2011
China Rebuffs Hopes for Bailout
Wall Street Journal 09/26/2011
New York Times 11/05/2011
Still Reserved on China's Policy Shift
Wall Street Journal 12/01/2011
China Speeds Economic 'Transformation'
Wall Street Journal 03/06/2012
China's central bank, the People's Bank of China (PBOC) and policies in 2011-2015
10/21/2010
The leadership and priorities of Zhou Xiaochuan, who has headed the PBOC, central bank of China, since 2002. He was appointed to a new third five year term in 2013.
Grouped Articles
China’s Economic Problems Unlike Those Elsewhere
New York Times 05/28/2013
China's 'Shadow Banks' Fan Debt-Bubble Fears
Wall Street Journal 06/24/2013
China's Silver Linings Playbook
Wall Street Journal 06/24/2013
Wall Street Journal 06/25/2013
China Central Bank Warns Banks on Liquidity
Wall Street Journal 06/25/2013
Credit Warnings Offer World a Peek Into Chinaâs Secretive Banks
New York Times 06/24/2013
China's buying of Italy's sovereign bonds and the European Union debt crisis
09/13/2011
Grouped Articles
Italian Officials Hold Talks Asking China to Buy Bonds
Wall Street Journal 09/13/2011
China Rebuffs Hopes for Bailout
Wall Street Journal 09/26/2011
Charlie Rose Talks to Gao Xiqing
BusinessWeek 09/29/2011
Why Aren't Italian Bonds Rallying?
Wall Street Journal 10/14/2011
New York Times 11/05/2011
Ahead of New Rules Europe's Banks go on a Selling Spree
New York Times 11/11/2011
China, and Japan in a "white knight" scenario for troubled euro-zone countries in 2011
12/09/2010
Grouped Articles
BusinessWeek 12/09/2010
Beijing Signals Interest in Spain Debt
Wall Street Journal 01/04/2011
China Rebuffs Hopes for Bailout
Wall Street Journal 09/26/2011
Italy Agrees to Allow I.M.F. to Monitor Its Progress on Debt
New York Times 11/04/2011
New York Times 11/05/2011
Japan Buys More Bailout-Fund Bonds
Wall Street Journal 11/09/2011
China's foreign exchange reserves and problems with inflation
05/09/2006
A recent IMF study points out that China's $3 trillion foreign exchange reserves are twice what China needs for traditional purposes such as supporting the economy in a financial crisis. According to China's central bank governor these reserves are making it difficult to control inflation. Experts also say this makes little sense for a developing country with low percapita incomes. Most of this money is invested in U.S. Treasury securities and is not put to productive uses.
Grouped Articles
China’s Economic Problems Unlike Those Elsewhere
New York Times 05/28/2013
China Keeps On Gobbling Up Treasurys
Wall Street Journal 07/16/2013
China Inflation Rises to a 19-Month High
New York Times 06/11/2010
A Top Manager Resigns from Foreign Exchange Agency
New York Times 01/28/2014
Wall Street Journal 08/25/2015
China’s Forex Reserves Fall by Record $93.9 Billion on Yuan Intervention
Wall Street Journal 09/08/2015
China's sovereign wealth fund, China Investment Corporation (CIC), and the decreasing prospects for buying eurozone bonds
08/21/2010
Linked Articles
China Rebuffs Hopes for Bailout
Wall Street Journal 09/26/2011
Economist 08/21/2010
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us
