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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: maceng2 who wrote (261549)9/23/2003 6:13:56 PM
From: maceng2  Read Replies (1) of 436258
 
Stacking up clown bucks is now regarded as very bad form...

Storing up trouble
Asia's policy of accumulating foreign exchange reserves is a source of friction with an indebted US. The stockpiles are inefficient and add to the risk of instability in the global economy. But they are also evidence of the caution still felt in the region. While China is not alone in stockpiling, some analysts point to Beijing as the key to behaviour across the region.


news.ft.com

see Asia's impact: Part three
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