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View Full Version : People's Bank of China Plans $300 Billion Investment Vehicle, Reuters Says - Bloomber



NewsWhore
12-09-2011, 12:10 PM
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People&#39;s Bank of China Plans $300 Billion Investment Vehicle, Reuters Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFhF7jDWnV1EFritSBP6KVrgkRzgw&url=http://www.bloomberg.com/news/2011-12-09/people-s-bank-of-china-plans-300-billion-investment-vehicle-reuters-says.html)
Bloomberg
“Foreign exchange reserves are used to protect your economy in a currency crisis, but by any reasonable measure, China has far more reserves than it needs for that purpose,” Mark Williams, Asia economist at London-based Capital Economics Ltd., ...

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