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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (355036)10/16/2007 2:24:26 PM
From: Road Walker  Read Replies (2) of 1577924
 
re: By the way, China, which has been a net buyer all the while Japan has been a net seller, sold $8.8 billion of Treasuries, its fourth sale in five months, bringing its holdings to $400.2 billion, down from the peak of $421 billion in March. China is continuing an effort to diversify its vast holdings of international reserves, which now total more than $1.4 trillion. The net sales, occurring while China's reserve holdings have increased, means that its diversification out of dollar assets has gained speed.

Sh-t, they are catching on...
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