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From Associated Press, Bloomberg News and New York Times reports
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THE Chinese sell a lot of merchandise in the United States and, in the process, accumulate a lot of dollars. They then loan many of those dollars back to the United States in exchange for all manner of American IOUs, including Treasury bonds, federal agency bonds and private-sector debt.
America's indebtedness to China, as a result, is staggeringly high, although the Bush administration - which needs foreign loans to help finance the budget deficit - seems unfazed. But there is reason for pause. The Wall Street Journal reported last week that China's holdings of foreign currency and securities would soon top $1 trillion, a fivefold increase since 2000. Roughly 70 percent of that is believed to be in dollars or dollar-based assets.
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Jan 14, 2008 . Air China, China National Aviation Corporation . Air China p...Merrill Lynch Securities said China Eastern "possibly will explore other po... its cargo business, the China Securities Journal reported without giving details. But the Air China...
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... document was a report from the China Securities Journal, and the other was a news article from Bai...
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...Jun 4, 2009 . Air Macau, Air China . Air Macau will be getting a capital injection of...The official China Securities Journal quoted China Eastern planning executive Ch...
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China to boost
household spending
... in an article in the official China Securities Journal. China will take "vigorous" steps to boost...
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...Jan 11, 2008 . Merrill Lynch Securities said China Eastern "possibly will explore other po... its cargo business, the China Securities Journal reported without giving details. But the Air China...
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The dollar rose in early January, as investors weighed the likely effects of president-elect Barack Obama's economic stimulus plan and as analysts said the US could be the first major economy to recover from the global economic downturn. Obama, with an electoral mandate, is planning the largest fiscal stimulus since the 1950s in an attempt to get the economy growing again by filling the gap the private sector is leaving as households and firms pull back in the face of a serious recession. Elsewhere in Asia, China's economy is huge, stable and immune to most of the effects of the global financial crisis, Carl Weinberg, chief economist at High Frequency Economics says. He forecasts that China's gross domestic product will grow in excess of 9% in 2009 and will contribute more to world GDP ...
... essentially printing money, by buying securities directly from the market. "Moreover, the policy re...In an article in the China Securities Journal in January, Yu said China should sell some of its ...
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The Chinese government, realizing the importance of its securities markets, is moving to integrate its capital markets and resolve the problems plaguing foreign and domestic investors. The capital demands of joint-stock and reformed state enterprises, coupled with the government's fear of capital flight, is forcing market reforms and increased disclosure. The push to increase cash and credit availability, as well as profits, will further China's international economic integration.
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...Jan 7, 2008 . The official China Securities Journal reported on Saturday that "many small and ...