tag:blogger.com,1999:blog-19649274.post1954240261886771987..comments2024-03-29T12:03:50.891+05:30Comments on The Leap Blog: Currency conflicts come to prominence againAjay Shahhttp://www.blogger.com/profile/03835842741008200034noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-19649274.post-64526311403116448442010-11-10T19:27:09.374+05:302010-11-10T19:27:09.374+05:30Hi,
Could you reduce your post per page, i am unab...Hi,<br />Could you reduce your post per page, i am unable to read your blog on my mobile.<br /><br />RajRajkumar.Khttps://www.blogger.com/profile/16641473002641408669noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-58625624584428291532010-10-18T18:54:02.466+05:302010-10-18T18:54:02.466+05:30As of May, 2009, Beijing is the holder of treasury...As of May, 2009, Beijing is the holder of treasury securities of the USA for the sum of $801,5 billion For May, 1st of this year of an investment in US Treasuries constituted 38 % of gold and exchange currency reserves of China. Chineses are interested in stable dollar from the point of view of the export. China is the largest exporter of the goods on the market of the USA. The strong dollar does the export Chinese goods by cheaper so, more competitive, therefore the government of the Peoples Republic of China is artificial supports "a weak" yuan exchange rate in relation to dollar.<br />Growth of dependence of China from the American market means that Beijing won't cease in the near future buying up of debt obligations of Washington. Certainly, theoretically quite probably that Chineses take the dollar export earnings in the USA and convert them in other currencies. But it in any way won't prevent the American economy. If Chineses constrain economy of the USA, the Chinese economy also will suffer, and much more.Anthony Jonesnoreply@blogger.comtag:blogger.com,1999:blog-19649274.post-16429240825532926452010-10-16T13:01:40.207+05:302010-10-16T13:01:40.207+05:30Very Interesting . Does US actually wants to deval...Very Interesting . Does US actually wants to devalue its currency now so that the Chinese imports becomes costly and BOP crisis can be reduced ?Ankithttps://www.blogger.com/profile/04038724136774378284noreply@blogger.com