Wen Jiabao is getting 'a little worried', the Chinese way of warning, a shot across the bow.

China's Wen Jiabao concerned about stability of U.S. debt

About half of China's $2-trillion foreign exchange reserves are invested in U.S. government bonds. 'We hope the United States honors its word and ensures the safety of Chinese assets,' Wen says.
March 14, 2009 (Source L.A.Times)
Reporting from Shanghai and Beijing -- Showing China's growing economic muscle, the nation's premier Friday expressed concerns about the stability of U.S. government bonds in Chinese hands and urged Washington to provide assurances to its largest foreign creditor.

"To be honest, we are a little bit worried," Wen Jiabao said at the closing news conference of China's annual legislative session. "We have loaned huge amounts of money to the United States, so of course, we have to be concerned. We hope the United States honors its word and ensures the safety of Chinese assets."

Analysts said that Wen's concerns were natural, given that China holds roughly $1 trillion of U.S. Treasury and other government-backed bonds, and that Washington is now looking to borrow record sums to try to dig out of the recession.
Still, his surprisingly candid comments reflected Beijing's increasing confidence and assertiveness in a global economy in which the communist nation is banker to the world's richest country.
His words would not have been lost on Washington. The White House is counting on China to continue holding American debt and making future purchases to support President Obama's $787-billion economic stimulus plan. China's big appetite for Treasury issues has helped keep U.S. interest rates low and thus supplied cheap credit for Americans to buy homes and other goods.
More to follow...