Britannia Radio

Breaking News from Moneynews.com China Ramps Up To Buy Cheap U.S. Real Estate China Investment Corporation, China's $300 billion sovereign-wealth fund, is preparing to buy distressed U.S. real estate assets. It will do so using the U.S. Treasury Department’s Public-Private Investment Program to fund the investments, according to media reports. Meanwhile, several Chinese officials warned that Wall Street isn’t taking the recession seriously, and that much more pain is in store for U.S. investors in the near term. Read the Full Story — Click Here