Posted on Tuesday, June 28th, 2011 | In Current Market News, Exchange Traded Funds
It is no secret that China has massive foreign reserve holdings. Some economic and political commentators have expressed vague warnings regarding this fact frequently in recent years. Yet, there really has been no substantive economic reason to fear the quantity of China's reserves.
That is, until now.
Most of China's reserves are denominated in U.S. dollars.
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