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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (9178)11/7/2010 12:51:46 AM
From: RealMuLan  Read Replies (1) | Respond to of 12464
 
Some speculation about why China sold most of their silver/Gold Panda coins overseas.

youtube.com

"It could be that the government in China is using the panda coins to issue more Yuan, Renminbi, CNY, RMB, etc without causing inflation. In addition, they seem to be building up reserves of gold and silver to back the currency, both in Chinese hands and in foreign hands. That will protect China and the Chinese people from foreign economic problems...."
by qwasty
china-mint.info

more discussion here
livebusinesschat.com