Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

China Formally Working With IMF To Avoid Eurozone Restructuring

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Tyler Durden
Zero Hedge
June 24, 2011

Step aside IMF, China is now in the driver’s seat. Officially.

From Market News:

China doesn’t want to see a eurozone debt restructuring and is making efforts with the International Monetary Fund and countries related to the sovereign crisis on avoiding it, a government researcher said Friday.

China, the IMF and related countries are all making efforts…we don’t want to see a debt restructuring,” Qu Xing, director of the China Institute of International Studies, a Foreign Ministry think tank, told reporters at a briefing here Friday.

Will third time be the charm for the Chinese “white knight” approach to Europe, where it has so far sunk about $50 billion in bad money after good? Find out after the next imminent kneejerk spike in the EURUSD…

China Formally Working With IMF To Avoid Eurozone Restructuring  030511banner3

Stock up with Fresh Food that lasts with eFoodsDirect (AD)

This article was posted: Friday, June 24, 2011 at 2:58 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
See the rest on the Alex Jones YouTube channel.

Ebola Czar: Overpopulation Controls Are Needed in Africa See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.