[am452]

Some time this year, in fact, China will have accumulated $1 trillion in foreign currency reserves—mainly dollar-denominated securities such as U.S. government and corporate bonds

Bllomberg today said it stands at 1.46 trillion total foreign reserves.

[spanalot]

“Bllomberg today said it stands at 1.46 trillion total foreign reserves.”

This is a disaster - and to think that some here are swallowing this propaganda that China is not a big factor in exports!!

[spanalot]

“Bllomberg today said it stands at 1.46 trillion total foreign reserves.”

This is a disaster - and to think that some here are swallowing this propaganda that China is not a big factor in exports!!

I mean, how did they get the 1.46 trillion in a handfull of years? Royalties on “Chinese” for restaurants?

That is alot of Dim Sum