Sunday, February 12, 2012
China's foreign debt balance of U.S. dollar debt over Qicheng if the dollar will stop the collapse of the share.
Administration of the State foreign exchange reserves <P> 9 to the latest statistics show that as of 6 at the end of 2010, China's foreign debt (excluding Hong Kong, Macao and Taiwan's external debt) amounted to 513.81 billion U.S. dollars. .</ P> <P> where the highest share of U.S. dollar debt over the previous year rose 4.34 percentage points to 72.1%. .</ P> <P> In addition, the share of yen debt and euro debt were decreased, which accounted for 10.11% of debt yen, down more than 1.78 percentage points from the previous year. .</ P> <P> euro debt accounted for 4.51% over the previous year dropped 1.87 percentage points. .</ P> <P> the same time, former executives of Morgan Stanley Stephen Roach, said the recent series of U.S. domestic pressure on the yuan wrong way. .</ P> <P> He stressed that if the Chinese stop buying U.S. bonds, U.S. Treasuries interest rates will rise sharply to the dollar collapsed, the U.S. economy back into recession. .</ P>.
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