Bursting foreign exchange reserves in China

[lovuian]

http://feeds.bignewsnetwork.com/?sid=291043

According to China’s central bank, foreign exchange reserves in the country have expanded to US$1.43 trillion at the end of September, a year-on-year increase of 45.1 percent.

The increasing trade surplus has been the main driver of the reserve expansion.

Customs reports have China's trade surplus at US$185.7 billion in the first nine months, more than for the whole of last year.
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Thats about how much Iraq war has cost us
Thanks Republicans you might as well call yourself Chinese employees

[kurth]

1. How many U.S. cities can they buy with $1.43 trillion?

[lovuian]

2. this is the big talk on the financial channel

how long can China keep exporting at the massive amounts

How long is the US going to sit back and have their money and dollar drop?

The Chineese stock market has risen to new heights

Everybody is in a capitalistic bubble ready to pop

[Tierra_y_Libertad]

3. The irony is delicious.

Scary "Red China", evil Communists, are turning out to be better capitalists than the countries that demanded they become capitalists.

[lovuian]

4. Ya there is irony they have beaten the US capitalists

at their own game

When you have slave labor it puts you ahead of the curve

ironical America has created a strong vibrant China
given our money expertise and technology

because of the cheap labor

Time will tell where this plays out but a Bubble has been produced ready to POP