Source: CCTV.com
12-16-2008 18:43
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Background Report:
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Under Discussion:
Part I. Global Discrepancies Over Meltdown
Part II. China Divided Over Bailout
Intro:
As the US financial crisis threatens to cripple the global economy, a financial reconfiguration around the world looks set to happen.
With the largest foreign exchange reserves, public opinions in China are divided into two camps.
One voice argues strongly that China should follow the example of Japan and the United Arab Emirates in seeking stakes in cash-strapped western companies.
The other voice says loud and clear: Look we got to be careful and hold our cash. The Chinese investors have been notable largely by their absence
