Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: RealMuLan who wrote (55654)	11/10/2004 3:44:04 AM
From: Raymond Duray	Read Replies (2) of 74559

Yiwu, Re: (At 8/31/04), China had about $300 billion US debt. What is the source for this figure? I've seen a couple citations lately (from the Financial Times and elsewhere)putting China's holdings of U.S. Treasury debt at $515 Billion. Re: If China gets rid off all, or even most most of, its US$ reserve, what are they going to use to buy oil??? Future income from exports to the U.S.

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