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I heard the Chinese economy absorbed a stimulus of about $500 Billion in 2008, and created 8.7 million jobs. They have created huge manufactring capacity, which they need to keep busy next year.
However, they have $3.4 Trillion in reserves, 2.4 from that they will wish to invest, possibly in U.S. and Europe, and help with creation of jobs there.
I think it is a rational policy for worldwide economic growth and creation of jobs and satisfaction everywhere, with rising standards in China itself.
I suggest Mme Merkel and President Sarkozy should open the Red Carpet and invite
Premier Hu Jintao to Europe.