China offers to buy Greek debt - Business - Al Jazeera English
Excerpt from article on English Al jazeera website about China buying Greece. And Zeus is in trouble in Hungary. Digging a hole through the center of the earth, the world is truly upside down.
Wen said during the visit that China will address European concerns over its investment rules and copyright violations, but wants the EU to relax remaining trade barriers with Beijing in return.
Speaking at Greece's parliament, he urged the EU to recognise China's "full market economy status" and relax restrictions on high-tech exports.
"I have repeatedly said that China supports a strong euro and will not reduce the number of European bond holdings from its foreign exchange reserves," he said.
Wen sought to ease European concern that overseas companies operating in China face licensing rule restraints that give local competitors an unfair advantage.
He said China would "strengthen dialogue" with the EU and was committed to continue "improving investment, confronting issues of intellectual copyright protection, expanding bilateral commerce and upgrading cooperation in technology."
Wen did not specify how much Greek debt China would be willing to buy or which Chinese entities would buy the bonds.
Chinese state entities have been generally conservative about investing in foreign financial markets and the Chinese government faces domestic political criticism over losses incurred by these entities during the global financial crisis.
China has a lot to gain from getting a foothold into Europe, Vagelis Agapitos, an economist in Athens specialising in investment, said.
"They [China] get a bargain in terms of buying into strategic industries, such as the port authorities, the railways and the logistic centre, which is important for the export of Chinese goods," Agapitos told Al Jazeera.
High borrowing cost
A senior Greek government official said Wen made clear his offer concerned buying bonds only when the country returned to markets.
Greece, which is currently funded through a 110 billion euro ($150 billion) EU/IMF bailout, is only issuing short-term treasury bills for the time being.
Since the true scale of its debt burden emerged late last year, investors have shunned its bonds.
Excerpt from article on English Al jazeera website about China buying Greece. And Zeus is in trouble in Hungary. Digging a hole through the center of the earth, the world is truly upside down.
Wen said during the visit that China will address European concerns over its investment rules and copyright violations, but wants the EU to relax remaining trade barriers with Beijing in return.
Speaking at Greece's parliament, he urged the EU to recognise China's "full market economy status" and relax restrictions on high-tech exports.
"I have repeatedly said that China supports a strong euro and will not reduce the number of European bond holdings from its foreign exchange reserves," he said.
Wen sought to ease European concern that overseas companies operating in China face licensing rule restraints that give local competitors an unfair advantage.
He said China would "strengthen dialogue" with the EU and was committed to continue "improving investment, confronting issues of intellectual copyright protection, expanding bilateral commerce and upgrading cooperation in technology."
Wen did not specify how much Greek debt China would be willing to buy or which Chinese entities would buy the bonds.
Chinese state entities have been generally conservative about investing in foreign financial markets and the Chinese government faces domestic political criticism over losses incurred by these entities during the global financial crisis.
China has a lot to gain from getting a foothold into Europe, Vagelis Agapitos, an economist in Athens specialising in investment, said.
"They [China] get a bargain in terms of buying into strategic industries, such as the port authorities, the railways and the logistic centre, which is important for the export of Chinese goods," Agapitos told Al Jazeera.
High borrowing cost
A senior Greek government official said Wen made clear his offer concerned buying bonds only when the country returned to markets.
Greece, which is currently funded through a 110 billion euro ($150 billion) EU/IMF bailout, is only issuing short-term treasury bills for the time being.
Since the true scale of its debt burden emerged late last year, investors have shunned its bonds.
As if it isn’t enough these islamosoviet Greeks snuggle with Arabs and Russians, now they sell out to China? THey should be expelled from Europe and NATO! Let them join the Arab League! Ohlig & Puim, Hidden Origins of Islam shows name Muhammad first appears on coins in Syria as Islam was really monophysite Christianity rebelling from Greek oppression. Service book written by Chrysustolm, communist Syrian terrorist who sought to consumate the crimes his Seleucid forefathers were prevented from committing on Channukah, and wrote the hideous totalitarianism "Questioning is the subversion of faith" (Homily I on I Timothy I). Jews and Protestants don't eat anything when they fast, but Greeks eat seafood that is not Kosher, deliberately out of anti-Semitism. They refuse to use matzabread in communion host because of anti-Semitism. Hideous Good Thursday (beatitudes 4th tone, 13th antefone 2nd plagal 6th tone, 11th antefone 2nd plagal 6th tone; also Tuesday 3rd ode 2nd tone tropare) fired up the Black Hundreds to go out and kill Jews for their Judas fires. We must annihilate with thermonuclear bombs the Greek cities of Larissus, Cavallus and especially the perennial soviet spy base of Athus so the soviets will not be able to grab the straits from our staunch, secular Turkish allies. Greeks describe their ghettos as "homogeneity" colonies and themselves, even when they are born here and citizens, as "expatriates." In their services, they pray for the "Greek nation and American people" because they refuse to consider an inhomogeneous country a nation. And they have this evil saint, Cosmus Aitalius, who advocated ethnic cleansing. Do not fear nuclear bombs for their energy will bring the Glorious Rapture! Greeks stole the Egyptian, Trojan, Roman and Venetian empires to benefit their hideous decadent merchantilism. They invented capitalism along with perfidiously decadent sexual, "philosophical", and commercial mores. Greeks are not courageous enough to fight, but prefer commerce, witch alchemy "science" and literature as instruments of domination. Greeks invented globalization three thousand years ago. Trojan Horse betrays how perfideously Greeks fight. During Depression, Casavis betrayed how masons are beholden to the Greeks. This is why the thirty second degree emblem of Scots rite is byzantine two headed eagle. Greeks have always been behind Satan's religion of Secular Humanism. Gorbachev bears the mark of the antiChrist on his forehead, is a member of the Greek politburo, Archons of Constantinople, secret controllers of the Federal Reserve (from their Delian League), using boards like Brademas, Hatsopoulos, Patrikis, and Jamie Dimon. Russia was always controlled by Greeks, originally for the wheat, and the first Russian governor of Alaska was a Greek named Delaros. Jefferson and Franklin were controlled in writing our Constitution by a guy straight from Greece named Paradise at the same time as Russia had a Greek foreign minister, who had lured the greatest scientists of Europe to work in Russia. A Greek named Peter Peterson replaced David Rockefeller at the helm of the Council on Foreign Relations. The CIA has long been controlled by Greeks like Tenet and Negroponte. Arab countries are controlled by the Greeks who ship their oil. American slave trade was controlled by a Greek family named Benakis. Greek diners are oil ship money laundries. Diner boys do so well in those filthy colleges, because colleges are Greek instruments of world domination established by the guy named Paradise who controlled Jefferson and Franklin. This is why colleges all look like Greek temples and have those depraved Greek fraternities. The devil General Grant admitted to being a Byzantine emperor. The Greek devil Papnichlau invented the sex "liberating" pap smear. The USA movie industry was invented by Spyros Scouras, friend of Stalin. Greek devils carelessly caused Atlantis to disappear when they arrived on earth.
ReplyDelete