China is estimated to have currency reserves of two trillion dollars, but the bulk of it is tied up in US markets.Caught in a "dollar trap", it has little choice but to buy more and more US government bonds to keep up the value of the dollar and hope a US recovery takes place - and quickly.Al Jazeera's Owen Fay reports.
Showing posts with label reserves. Show all posts
Showing posts with label reserves. Show all posts
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