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Message: Chinese

Chinese

posted on Apr 14, 2009 11:34AM

70% of $2 trillion Chinese foreign reserves in US dollars they need to invest

So, basically the Chinese need to convert $1.4 trillion U.S. dollars into tangible investments as soon as possible before the coming rampant U.S. dollar devaluation kicks into full gear. The article also notes that, "China's reserves, already the world's largest, increased by $7.7 billion in the first quarter [of this year]."

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