22.07.2009 - China to spend reserves to grow overseas
From UPI: Beijing will use its central bank's international reserves, No. 1 in the world, to accelerate Chinese business expansion overseas, the country's premier said. "We should hasten the implementation of our 'going out' strategy and combine the utilization of foreign exchange reserves with the 'going out' of our enterprises," Wen Jiabao told Chinese diplomats.........Full Article: Source
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