Comment Re:A long time coming... (Score 1) 364
China, perhaps (there might be regulatory issues associated with moving US loans overseas, even if China had banks chartered in the US), but probably not Chinese banks which would be interested in relatively solid loan portfolios. US securities are still seen as guaranteed payoffs, so even if the economy sours, they can still be as certain as possible of a return. Loan assets don't have that luxury.
However, I've had concerns about the Chinese economy for a few years. They're much more shadowy about these things than Western government, and it's hard to say how much money they have. The Chinese government may be hiding a fiscal nightmare that is worse in percentages than Greece and will certainly have more worldwide impact than a complete collapse of the Greek economy.