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Can China lead way out of global slowdown?

Posted on 18 February 2009

From Livemint.com: Lots of people have said lots of times in the past year that cash is king. So which country has oodles of surplus cash these days? It’s China, of course.

It has almost $2 trillion of foreign exchange reserves, a low fiscal deficit and its public debt is just 18.5% of gross domestic product (GDP), so it has the money to boost its economy….. Full Article: Source


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VRS - who has written 34604 posts on Opalesque Commodities Briefing.


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