28.11.2008 - China’s currency reserves may rise to $2 trillion

From Bloomberg.com:China’s foreign-exchange reserves will “hopefully” reach $2 trillion this year, National Bureau of Statistics chief economist Yao Jingyuan said. Yao spoke in a telephone interview after earlier being cited in news reports as saying at a Beijing forum that the reserves had already climbed to that level. He said he had been misunderstood..... Full Article: Source

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