<<how can jim roger be more bullish about China ???>>
... i am also bullish, in that what goes down will eventually turn up, and as more allocation needs to be done, down is good, and good is bullish, i guess.
just in in-tray, per stratfor
China: Bank Of China To Watch Fannie Mae, Freddie Mac Reaction
September 9, 2008 | 1424 GMT
Bank of China, the Chinese lender with the greatest exposure to debt from U.S. finance firms Fannie Mae and Freddie Mac, has said it will cut holdings further if necessary, Shanghai Securities News reported Sept. 9, citing a Bank of China spokesman. Bank of China will closely monitor market reaction to the U.S. government takeover of the two firms and take appropriate measures, the spokesman said, without giving details.
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