Pundits are seeing a shift in global finance initiatives. What used to be the dominant role of the U.S. especially in its own backyard, in Latin America, in the Caribbean, is no longer what it used to be.
Flushed with US$ 2 trillion in foreign reserves, China is smartly and adroitly applying its financial clout on the global stage. Click on a report from the Washington Post:
http://www.washingtonpost.com/wp-dyn/content/article/2009/04/22/AR2009042203823.html
