China made headlines around the world this week when it revealed that its foreign reserves had eclipsed the $2 trillion market for the first time, rising by a record $178 billion in the second quarter – thanks to a flood of “hot money” that flowed into the world’s most promising economy.
Complete story
http://www.moneymorning.com/2009/07/17/china-hot-money-strategy/
Friday, July 17, 2009
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