Thanks to frequent commenter Eoin Bond for the heads up on this piece of news, which may well be very significant for Ireland. From the piece:
The National Treasury Management Agency has signed an agreement with a subsidiary of China’s sovereign wealth fund which would allow the Chinese agency to buy Irish Government bonds.
The agreement was signed after Taoiseach Enda Kenny’s meeting with the Chinese Prime Minister Wen Jia Bao. Ireland is scheduled to return to the bond market next year under the terms of the EU/IMF bail-out.
The official press release is here.