China’s hidden agenda and motivation of supporting debt-laden euro zone: Beijing plans to

support European countries struggling under mountain of debt by buying their government bonds.
China can benefit from it in the following way:

1. It will boost china’s global standing.

2. It will ensure its biggest trade partner will continue buying its export.
3. It will help china in diversifying its world holding foreign exchange holding away from US
DOLLAR.
4. Their motivation seems more geopolitical and strategic rather than financial.

China is not showing any interest in buying bonds of Portugal, Spain, Belgium and Italy. Rather their
most of the holdings are in bigger and powerful countries like Germany and France. Reason being
pretty simple.

India Inc mops up record Rs 2 lakh cr funds in 2010:

Indian firms raised a total of Rs 2,00,123 crore during 2010 through equity issues -- in the form of
Initial Public Offers (IPO), Follow-on Public Offers (FPO), Qualified Institutional Placement ( QIP )),
rights issues and foreign depository receipts like global depository receipts (GDRs) -- as well as debt
instruments like External Commercial Borrowings (ECBs) and Foreign Currency Convertible Bonds
(FCCBs). 

However, fund-raising from the international market, through FCCBs, ADRs and GDRs, was
somewhat subdued in comparison to the previous year. There was not a single ADR issue by Indian
companies in 2010.