China Says Foreign Reserves Hit $1.68 Trillion by End March, Up 40 Percent

[jordi_fanclub]

Source: AP

SHANGHAI, China (AP) -- China's central bank says the country's foreign reserves topped $1.68 trillion by the end of March, up 40 percent from a year earlier.

China added $153.9 billion to its foreign reserves in the first three months of the year, according to figures released by the People's Bank of China.

Robust trade surpluses have fueled the surge in Beijing's foreign reserves, although the rate of increase slowed from $60 billion in January to $57 billion in February and $35 billion in March, it says.

Read more: http://biz.yahoo.com/ap/080411/china_foreign_reserves.html

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[SpiralHawk]

1. "We own your American ass, thank to republicon economics. Smirk." - China

Bleeding the Beast

Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend
Republicon economics: borrow & spend

[indepat]

3. The Chinese are smart enough to know when they got 'em by the short hairs, theirs hearts and minds

will follow. 'puke fiscal and tax policies these past 27 years have created a passel of vultures who now have Amurikka by the short hairs and thereby hold us hostage. :shrug:

[xioaping]

8. Credit cards and Walmart is more like it

Both Democrats and Republican have sent U.S. jobs and manufacturing to China. You won't get me following that chant. It aint borrow and spend that caused the problem. The U.S. has pissed on the working man for decades.

Credit cards and Walmart
Credit cards and Walmart
Credit cards and Walmart
Credit cards and Walmart
Credit cards and Walmart
Credit cards and Walmart
Credit cards and Walmart
Credit cards and Walmart

[htuttle]

2. Um, "Why are the Olympics being held in China?"

Alex Trebek: "Correct, for $300 dollars."

[NewJeffCT]

4. and

why Bush won't boycott the opening ceremony

[kirby]

5. US is around 70 Billion.

Consider that difference... China 1.68 trillion. US 70 Billion.

[ConcernedCanuk]

6. "You got us with Atom bombs, We got you with transistors" - something like that ..

.
.
.

Anyone remember the movie?

Anyone recognize the significance?

Well yup, obviously . .

China did

[xioaping]

9. Uh, that was Japan....not China. Close though..

[ConcernedCanuk]

10. I know it was Japan - but like I said - China watched, and learned.

.
.
.

And China is a hell of a lot more dangerous than Japan

They know how to take out the satellites . .

Anyone paying attention?

[xioaping]

11. Comparison is simplistic, uneducated

China has a long way to go before it commits atrocities on the scale of Japan. You should not be making such light of the subject of Japan and China without first learning. Start with the Japanese occupation of Nanjing.

[Jack_DeLeon]

12. I think you are wrong...

how many millions starved to death or were otherwise killed by the Chinese government since Mao? Ranks right up there with Stalin.

[xioaping]

13. Maybe wrong

But the point of reference I am using is the atrocities at Nanjing. I am aware of what took place during the cultural revolution. In reflection your view is not whatever I called it

[AP]

14. According to Joe Stiglitz, they're feeding everyone now, and they have high literacy rate.

[ckramer]

7. Great picture

Yep, the Clintons now need to shut up.