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Just a regular American
China's holding of securities and foreign currency exploded last year to $2.85 trillion and increase of 20% in the last year. This reserve exceeds the combined reserves of Japan, Russia, South Korea, Taiwan, Saudi Arabia and the euro-zone countries. This kind of tells the tale about who is making money. And what are they going to do with all this money?
China's exchange reserves hit record level
China's exchange reserves hit record level