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To: Raymond Duray who wrote (55803)11/10/2004 9:39:39 AM
From: RealMuLan  Read Replies (1) | Respond to of 74559
 
It was calculated from the US treasury site. I posted the link somewhere on this thread, and it was discovered by Taikun<g> I will see weather I can find it and let you know. Then you can calculate yourself<g> It is a spreadsheet, and put in a formula, then you get the result. Not hard at all. I think that 515 billion figure is the total Chinese reserve, isn't it? The figure I gave (actually the US Treasury gave) is the US debt only. And one thing for sure is that China has already located certain percent of its reserve in Euro, other Asian currencies, Yen, gold....



To: Raymond Duray who wrote (55803)11/10/2004 10:47:47 AM
From: RealMuLan  Read Replies (1) | Respond to of 74559
 
Here is the link for the site, select China--Mainland under C.
treas.gov

The way I calculated is first to add up the total for each column, then to minus the total of column 7 (sold) from the total of col. 1 (bought), col. 8 from col. 2, ... and then add the result, and that would be the net US debt (for the 1st 4 columns of Buy and Sell since the col. 5, 6, 11 and 12 are foreign stocks) China holds.

If you want, you can verify my result<g>


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