Tag Archives | China foreign reserves

Myth No 5: China Has Enough Money To Bail Itself Out

By John Richardson

MYTH No 1 about China is that the rise of its middle classes guarantees a prosperous economic future. No need for a Plan B we are told. Just follow the money by investing in lots of autos …

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China To Follow In America’s Oil And Gas Footsteps

By John Richardson

DURING the economic Supercycle it all worked beautifully, as the above picture indicates.

China sold stuff to the West and then bought lots of US Treasuries from their earnings in order to keep US interest rates low. …

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