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Kingdom News

Tuesday, September 13, 2011

Italy asks China to buy its bonds: report

NEW YORK — Italy has asked China to make ‘significant’ purchases of Italian debt, the Financial Times reported on its website on Monday. Italian officials told the FT that Lou Jiwei, chairman of China Investment Corp, headed up a delegation to Rome last week to meet with Giulio Tremonti, finance minister, and Italy’s Cassa Depositi e Prestiti. Two weeks ago Italian officials were in Beijing to meet CIC and China’s State Administration of Foreign Exchange (Safe), which manages the bulk of China’s foreign exchange reserves, the FT said.

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This news break & Ministry insights are brought to you by the Love of the Brethren Sojourners, Temple Knight & it's elder J.Blair in Jesus Christ Love. To all pilgrims in dispersion, to the elect according to the foreknowledge of God the father, in sanctification of the spirit, for obedience and sprinkling of the blood of Jesus Christ.

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