Samstag, 6. September 2008

Main Bank of China Is in Need of Capital



Dollar and yuan currency at a bank in China. China’s central bank has accumulated about $1 trillion in United States debt.HONG KONG - China’s central bank is in a bind.It has been on a buying binge in the United States over the last seven years, snapping up roughly $1 trillion worth of Treasury bonds and [...] continue reading the breaking news

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