You Gonna Spend That?

So Japan and China have almost $1 trillion in foreign reserves each. And while I admire such fiscal austerity contrasted with the US' version of imitating a sorority girl with daddy's credit card, there's something to be critiqued about just holding onto cash and not investing it.


I'd be very curious to see if the Chinese government through all its SOE's (state owned enterprises) decides to go on a shopping spree.