China tells West: You are Finished

[imperialarms]

Nov 17, 2008
More influence for China?
SHANGHAI - CHINA and other developing countries should be given more influence in the global financial system if they provide money to help resolve the world's economic crisis, a senior official of the country's $200 billion (S$304 billion) sovereign wealth fund said on Monday.

'Developed countries should come to talk to developing countries with humility,' Mr Jin Liqun, supervisory board chairman of China Investment Corp, told reporters on the sidelines of a financial conference in Shanghai.

'The question is whether developed countries are ready to accept China as a major player. If you want China to take out money when the crisis happens, but give China little power when voting, nobody is going to play with you.'

He said the international financial system was based on a mechanism established 60 years ago, and did not fit current circumstances, so it needed to be adjusted. -- REUTERS

 

[theblackhole]

fuck the west.they're con men all these years. only fools join ranks with them and got screwed. cheers to the new china team. again, be careful. don't be fucked by chinese too.the world is full of fucking people who screw the poor, the weak and the ignorant.

knn! never know singaporeans are so stupid and so gullible..slosing billions to western fuckjobs and conjobs!!! what a disgrace!!!

who is responsible for all these??? nnk!!!

 

[Leegimeremover]

But so is China hahahahaha.

 

[2lanu]

In this digital age, just a click on mouse the $$$ is transfer out of the country. US and Europe are facing this problem where investors are pulling their $$$ out and seeing which countries to put them in.

Good guess will be BRIC- Brazil, Russia, India and China