06.07.2009 - China's Catch-22: $2-trillion in foreign reserves
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