"The chart below says it all. From 5 years ago to today, China’s foreign exchange reserves have doubled, going from $1.8tn to $3.6tn.
Unabated, and on current trend, it would hit $5bn by early 2017. Already, Chinese reserves are the equivalent size of Germany’s GDP. Time to stop accumulating? Maybe so.
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| Source: Bloomberg |
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'via Blog this'
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