foreign currency reserves



China Diversifying Away From The Dollar

The Wall Street Journal highlights new U.S. Treasury data which indicates that China has reduced its U.S. dollar holdings as it begins to diversify its $3.2 billion stockpile of foreign currency reserves: “It clearly...

China's Foreign Reserves Dilemma

Chinese policymakers are faced with the challenge of diversifying their foreign currency holdings. While the U.S. is rushing to legislate the borrowing limit, China must make some tough decisions regarding its portfolio. From...

The Demise of the Dollar?

The Independent published an allegedly “exclusive report” by Robert Fisk that several countries, including China, Russia, Japan, France and Gulf states had met secretly to find ways to stop using the U.S. dollar as...

China Tries to Wriggle Out of the US Dollar Trap

From the introduction to an article on YaleGlobal by Wenran Jiang: While the world waits for China to flex its economic muscle to ease the crisis, China’s exposure to the US dollar is a bigger issue with which the country has to...

China Slows Purchases of U.S. and Other Bonds

From the New York Times: Reversing its role as the world’s fastest-growing buyer of U.S. Treasuries and other foreign bonds, the Chinese government actually sold bonds heavily in January and February before resuming purchases in...

Growth In Chinese Forex Reserves Slows

From Financial Times: China’s foreign exchange reserves grew at their slowest pace in more than two years in June, prompting questions over whether the flow of speculative capital into China was slowing as a result of government...

China Banks Learn To Say No To Risky Deals

American investors hopeful the Chinese government’s deep, wide-open pockets will come to the rescue of ailing U.S. stocks may not be happy to hear this news. From Reuters: After China’s state-controlled CITIC...




Google Ads 1


Giving Assistant

Amazon Smile

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.