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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (37230)7/29/2005 12:29:49 AM
From: RealMuLan  Read Replies (1) | Respond to of 110194
 
Not sure what do you mean? After all, China only had $10 some billion total trade surplus in 2004. It was only with the US has big trade surplus, it has trade deficit with Japan, S. Korea...

Anyway, the only reason I can think of for China to have to buy US$ debt was to maintain the peg. Now the peg is gone, so not necessary any more.