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64%  
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Keyword: foreignreserve

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  • China’s $3 trillion dilemma: What to do with all that cash?

    04/19/2011 11:36:37 AM PDT · by TigerLikesRooster · 48 replies
    WP ^ | 04/19/11 | Howard Schneider
    China’s $3 trillion dilemma: What to do with all that cash? By Howard Schneider, Tuesday, April 19, 1:35 PM BEIJING — What to do with $3 trillion? Bail out the euro so Europeans can keep buying stuff? Lock up mineral rights around the world? Spend it on imports? Sock it away under a mattress — or in U.S. Treasury notes — and let the pile keep growing? In what amounted to an acknowledgment that some of the nation’s core economic policies are causing trouble, Chinese central bank governor Zhou Xiaochuan said this week that the country was, in effect, suffering...
  • What's Behind China's Recent Currency Surge?(beating the new regulations)

    04/18/2007 3:17:47 AM PDT · by TigerLikesRooster · 4 replies · 510+ views
    What's Behind China's Recent Currency Surge? Wednesday April 18, 5:31 am ET Shaun Rein of the China Market Research Group submits: A few days ago the Wall Street Journal published an article that said economists were dumbfounded that China’s foreign reserves rose $135.7 billion in the first quarter -- more than half the increase for all of last year. A total of $1.2 trillion USD now sits in China’s coffers and has caused pundits from Larry Summers to the guy next door to have opinions on what China should do with its money. The WSJ remarked that the jump in...