Tag Archives: Admirals

China Is Going To Stop Hoarding US Trade Dollars: US/Japan Aggression Irks China

PBOC Says No Longer in China’s Interest to Increase Reserves – Bloomberg:  China now holds over $3.5 TRILLION US dollars.  As well as $1.3 trillion in US government debt money.  Money is simply pouring into China thanks to China’s very strong industrial base.  Zhou Xiaochuan unlike his Japanese counterpart, has allowed the yuan to rise in value against the dollar while Japan has been permitted to do the opposite.


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Filed under .diplomacy, .money matters