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Yuan Jiang, Chinese Wine Mogul: 10,000 Bottles a Day and Counting
Tag Archives: yuan
China passes $1 trillion in Treasuries
China passes $1 trillion in Treasuries It turns out China does personal more Treasury bonds than the government’s official figures are actually allowing on. China held $1.sixteen trillion of U.S. federal government bonds at the end of 2010, Treasury stated Monday in its preliminary revision of data on foreign portfolio holdings. That’s up $268 billion […]
China raises financial institution reserves to curb lending, ease inflation
China ordered its banking institutions Friday to maintain back more funds as reserves in its newest transfer to curb lending and cool a spike in inflation The buy raising reserves 0.5% of deposits is the second this kind of move this year by the central financial institution and follows 6 reserve raises in 2010. Reserves […]
China’s economic growth surges but inflation low
China’s economic growth surges but inflation low China’s economic growth surged to 11.9% in the first quarter, possibly giving Beijing room to allow its currency to rise, but analysts warned it faces growing pressure to cut back stimulus and keep the world’s third-largest economy from overheating. The strong performance reported Thursday might allow a loosening […]