Friday, January 27, 2012

Summary Box: Davos studies China's investments (AP)

EYES ON CHINA: Attention at Davos, the invitation-only gathering in the Swiss Alps, turned Thursday to China, and how and whether it could help developed economies in Europe and the United States avoid new recessions.

BIG BETS: Chinese companies and government funds have been using vast reserves of cash to buy up foreign companies and invest in foreign government bonds in recent years.

LINGERING WORRIES: With billions of dollars in Chinese investments pouring into their countries, some governments have accused China of seeking to exploit the economic weakness of others to grab valuable natural and technological resources at rock-bottom prices.

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/ap/20120126/ap_on_bi_ge/eu_davos_forum_summary_box

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