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View Full Version : China Trade Surplus Fuels Need for Dollar Replacement, ING Says - Bloomberg



NewsWhore
04-23-2009, 05:10 AM
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China Trade Surplus Fuels Need for Dollar Replacement, ING Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DayyI.CWWfaks%26refer%3Dhome&cid=1339548624&ei=SCTwSfywJ8qfmAerl53aAQ&usg=AFQjCNFcN7xx1r1YaUp20C3cEOvRPmRYEQ)
Bloomberg
By John Liu April 23 (Bloomberg) -- China&#39;s trade surplus will swell to a record $325 billion this year, boosting its foreign-exchange holdings and adding pressure on the central bank to find an alternative reserve currency to the dollar, ...


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