China, Greece & Gold

February 10, 2010 by · Leave a Comment
Filed under: Gold Bullion News 

Gold is being weighed down by a weaker Euro. Whereas China's economy...

LAST YEAR China made great contributions to the world economy, writes Gary Dorsch at Global Money Trends, as it was the first country to recover from the international financial crisis.As a result of its 4 trillion Yuan stimulus spending, China's debt-to-GDP ratio is expected to reach 31% this year, far less than the average government debt of OECD countries, which is projected to almost equal their total GDP this year, and exceed it in 2011. Read more