China's foreign exchange reserves stood at US$1.95 trillion, the world's biggest, at the end of 2008,up 27.3% from the year before.
Whether China will continue tobuy US Treasury bonds? It will depend on China's needs under the principle of maintaining the value and safety of the foreign exchange reserves.
Food for thought for Sino-American Economics or US-China economic relations.
Francis Shieh a.k.a. Xie Shihao,Fulbright Senior Scholar,Hong Kong 1989-1990 on Friday,Feb.20, 2009 at 8.12 a.m.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment