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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (17088)11/29/2004 3:27:05 PM
From: RealMuLan  Respond to of 116555
 
Since it is national secret, no, even if I have the source, I cannot tell you<g>

And I think I posted on this thread that China said in May it has been diversifing its foreign reserve.

Edit, China usually does not make anything public before it has finished doing something<g>



To: CalculatedRisk who wrote (17088)11/29/2004 3:39:39 PM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
And BTW, China has usually kept 10% of their foreign reserve as Yen, and Euro, anywhere bet. 7-15%, depending on the situation. Now I think perhaps is around 15%. And 5% or more gold and other Asian currencies. That will leave no more than 70% for US$


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