Thread: China signals plans of swapping its $1TRILLION+ reserves for Euros/CDN
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Old 11-08-2007, 02:29 PM  
sltr
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Join Date: Dec 2002
Posts: 3,191
Quote:
Originally Posted by xmas13 View Post
Oil prices are rising, and Chinese currency is pegged to the dollar.

Trade deficit reduction might have more to do with the housing crisis, it affected consumption.
doesn't it have everything to do with the housing market?
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