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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (21883)1/20/2005 8:27:38 PM
From: RealMuLan  Read Replies (3) of 116555
 
Mish, yes, you are right, it is 33.3% of all reserves, not just US$ reserves. So another way to put it is as of the end of Nov. China had a total foreign reserve of US$573.3 billion, and $191.1 billion of them were in US dollar (US debt). The rest of 66.6% would assumbly in Yen, Euro, other currencies and gold.

Although that no-name source might be right, the actual US debt China holds might be higher because of they are under other institutions' name.
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