Friday, November 28, 2008

View and Counter View

Britain should join the euro says Hong Kongs Tsang

A Chinese view on UK debt.

Posted by bellwether @ 08:46 PM (1145 views)
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5 thoughts on “View and Counter View

  • Interesting article if this represents Beijing’s view on currencies. They remain wedded to the UD dollar.

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  • US dollar sorry

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  • Is ths Beijing’s view or is this Hong Kong’s view? If this came from China it would be extremely worrying and tantamount to destroying our currency. I doubt the Chinese would engage in such talk. The Eurozone not any more stable than the UK as every country is not called Germany. It is too early and too speculative to say for definite.
    Probably this is also a good opportunity in reporting for Ambrose to emphasize his neutrality to his critics.

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  • The Chinese should be given a simple choice, start spending the UK reserves they hold or accept that we will default. Getting ruined because of obsessive foreign savers is ridiculous. If I want to squeeze overdebted UK borrowers, then I can, I am of the UK and I live here. They need to be told to take British goods or to get stuffed.

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