Risk on China's foreign reserve

Brad Sester, "The main financial risk that China faces, after all, isn’t the risk that the US won’t honor its Treasuries, or even the risk that the US would walk away from the Agencies. It rather is the risk that the dollar and euro will eventually depreciate against the RMB, reducing the RMB value of China’s reserve portfolio."

1 comment:

Unknown said...

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Hakan Selvi