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View Full Version : China's Treasury Stake Falls in October as Europe Crisis Slows Cash Flows - Bloomberg



NewsWhore
12-15-2011, 07:00 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG8zKXdpCECQg5TvLn7Cr2jYmshdg&url=http://www.bloomberg.com/news/2011-12-15/china-s-treasury-stake-falls-in-october-as-europe-crisis-slows-cash-flows.html)
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China&#39;s Treasury Stake Falls in October as Europe Crisis Slows Cash Flows (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG8zKXdpCECQg5TvLn7Cr2jYmshdg&url=http://www.bloomberg.com/news/2011-12-15/china-s-treasury-stake-falls-in-october-as-europe-crisis-slows-cash-flows.html)
Bloomberg
“The central bank isn&#39;t buying as much foreign currency from exporters and portfolio investments; therefore it has fewer dollars to invest. It&#39;s very directly related to the sovereign crisis in Europe.” China&#39;s trade surplus in October was less than ...

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