China’s foreignexchange reserves, the biggest stockpile in the world, rose US$126.7 billion in the secondquarter to US$1.81 trillion. That is 35.7% more than 12 months ago and 18% higher since the start of theyear.
- China losses its shirt on U.S. stocks The State Administration of Foreign Exchange (SAFE) is the manager of the China’s $2 trillion of cash reserves. Opps! SAFE...
- $1 trillion Japanese reserves I know that I devote most of this blog to issues affecting China, but I am interested in all of...
- Strategic rice reserves? We have our strategic petroleum reserves. China has its strategic pork reserves (I’m not kidding) and Japan has strategic rice...
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