Excess forex reserves not good for China – Deccan Chronicle
Posted on April 24th, 2011 by admin
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Excess forex reserves not good for China
Deccan Chronicle China, which holds the world's highest forex reserves, is also the biggest holder of spiralling long-term US debt at .16 trillion of treasury holdings in December 2010; any credit downgrade as threatened by rating agency Standard and Poor's recently … China should cap forex reserves at 1.3 trillion US dollars: China banker 'China Should Cap Forex Reserves at 1.3 Trillion US Dollars' China's Foreign Exchange Reserves Problem |
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