APP - What China Would Gain from Europe in Bailing Out Euro Zone

[Don Quixote]

the u s of a has gone from the world's lender to the world's debtor and now china may replace the u s of a as the world's lender

http://news.yahoo.com/why-china-want-help-bailout-euro-zone-202409103.html

 

[Lowaicue]

the u s of a has gone from the world's lender to the world's debtor and now china may replace the u s of a as the world's lender

http://news.yahoo.com/why-china-want-help-bailout-euro-zone-202409103.html

Interesting scenario.
China has a lot to gain. Stable markets and reserve currency to name but two. I am not sure that their short term plans would include such a move which would, in effect, tip the balance of power. I do not think China is ready for such a role, there is still a lot to be done at home. Plans are rigidly adhered to in Beijing. Were they prepared for this?
Sometimes it is good to be number two for a while!