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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Raymond Duray who wrote (55836)11/10/2004 4:42:25 PM
From: RealMuLan  Read Replies (1) of 74559
 
>>You are confusing two different things. Reserves are "cash and cash equivalents" on hand. Debt, as in T-bills and T-Bonds are not reserves. They are obligations of the U.S. Treasury.<<

So are you telling me that those 300 billion of long-term US debt China holds are totally exclusive from those 515 billion China's foreign reserves?
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