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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

China’s Catch-22: $2-trillion in foreign reserves

Posted on 06 July 2009

From Globeinvestor.com: China’s massive foreign currency reserves place it in an enviable position compared with other debt-ridden, import-dependent economies.
But China’s economy has slowed, it is worried about a depreciating U.S. dollar, and its trading partners are irritated that the country is keeping its own currency, the yuan, undervalued………Full Article: Source


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VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


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