NYT: China central bank is short of capital
September 07, 2008 at 14:59 PM EDT
[Skip to the end] Main Bank of China Is in Need of Capital by Keith Bradsher HONG KONG — China’s central bank is in a bind. It has been on a buying binge in the United States over the last seven years, snapping up roughly $1 trillion worth of Treasury bonds and mortgage-backed debt issued by Fannie Mae and [...]