Submitted by dog on Tue, 2010-01-26 15:30
The Balance of Power Shifts Toward China
Steve McCann
An unreported (in the once mainstream media) disclosure by China has taken the international financial world by shock and surprise. China declared that its foreign exchange reserves had increased to $2.4 Trillion in 2009, a gain of $453 Billion in one year. It is estimated that the reserves will rise by an equal amount in 2010.
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