Mon, Apr 21, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Tapping China’s huge reserves carries risks

Posted on 13 February 2009

From Themalaysianinsider.com: Chinese Premier Wen Jiabao has pledged that China would do whatever was necessary to maintain its economic growth at 8 per cent this year, including possibly tapping its vast foreign exchange reserves.

Beijing had been reluctant to dip into its foreign reserves, for good reasons, until now. Wen’s remarks therefore highlighted the gravity of the impact the financial meltdown is having on China….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 13908 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930