speculative investments
What consequences huge China’s forex reserves may have?
Tue, 08/05/2008 - 10:41 — fxLast month China announced that its forex reserves overcame the point of $1.8 trillion. This was even higher than the forex reserves of the Japan in 2006. Such high numbers of foreign exchange reserves shows only that the country possessing it is able to pay other countries for products and debts. But in the current situation China doesn’t even own the biggest part of the reserves.
