When combined with funding the general cash deficits, these multitrillion-dollar Treasury operations will dominate the capital markets in the years ahead, particularly given China's de-emphasis of new investment in U.S. Treasurys in favor of increasing foreigndirectinvestment, and Japan's and Europe's own sovereign-debt challenges.
One of these is an over-dependence on Asian companies, which supply two-thirds of Vietnam's foreigndirectinvestment, and which fled during the regional downturn.