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

To: RealMuLan who wrote (21859)1/20/2005 8:04:42 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
China, as of the end of Nov. 2004, held $191.1 billion US debt, including all long/mid/short term debt, accounting for 33.3% of all China's foreign reserve. This is significantly lower than most of people claimed. I did not calculate myself, I got the number from some Chinese news.

I believe both numbers could be accurate.
My guess is the number you translated was ALL reserves not just US$ reserves.
Perhaps you can double check.

Mish



To: RealMuLan who wrote (21859)1/20/2005 8:51:15 PM
From: mishedlo  Respond to of 116555
 
Leading Index Continues to Indicate Slow Growth In the Near Term The U.S leading index rose 0.2% in December after a revised 0.3% increase in the prior month. These two monthly gains follow a string of five monthly declines. On a year-to-year basis, the leading index increased 0.79% in December, which is a significant deceleration from the 4.9% gain seen in early-2004.

northerntrust.com


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