Business Strategies: what do you do with an incalculable surplus of cash?
There are estimates of just how much surplus China has in US dollars. There is little doubt that it's enough to cause lasting and long-term harm to the US currency if China dumped it. So when it's got no real growth potential sitting in a bank, what would you do with it? China's answer? It's becoming the lender to the world, adopting the Kennedy policy of the early 1960s in relation to South America, but without a regional restriction.
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Business Strategies: what do you do with an incalculable surplus of cash?
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