China Committed to U.S. Debt, But Wary of Gold

in Debt Gold New Gold South African Gold by admin — March 9, 2010 3:00 pm | no comments

Filed under: International Markets , Forecasts , China , Economic Data , Commodities , Currency Statements from China concerning its foreign reserves would indicate that China and the U.S. are joined at the hip. Yi Gang, head of State Administration of Foreign Exchange (SAFE) said: “The U.S. Treasury market is the world’s largest government bond market. Our foreign exchange reserves are huge, so you can imagine that the U.S. Treasury market is an important one to us.” Continue reading China Committed to U.S. Debt, But Wary of Gold China Committed to U.S. Debt, But Wary of Gold originally appeared on BloggingStocks on Tue, 09 Mar 2010 17:00:00 EST. Please see our terms for use of feeds . Read �|� Permalink �|� Email this �|� Comments

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China Committed to U.S. Debt, But Wary of Gold

Tags: china commodities currency Debt economic-data economy forecasts Gold important-one markets us treasuries world