China buying Costa Rica bonds over Taiwan ties-FT
Saturday, September 13th, 2008China is secretly spending $300 million of its currency reserves to buy Costa Rica government bonds to reward the central American country for cutting diplomatic ties with Taiwan, the Financial Times reported on Friday.
The FT said it had obtained documents related to the deal after La Nacion, Costa Rica’s largest newspaper, won a court case a week ago Friday and a judge ordered the government to release the information to the public. (more…)
