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China's Foreign Reserves Top $2 Trillion

01 Jul 2010

china_reservesMore signs are coming from China that its economy is beginning to turn around.

In the latest, China’s foreign currency reserves have reached record levels as more foreign investment flows into the country.

China’s main stock exchange has risen dramatically this year and prices and lending are beginning to pick up.

It’s not all good news, though: China’s leaders are becoming increasingly worried about the possibility of the US dollar weakening. Since most of China’s reserves are in US dollars, a weakening dollar could spell big problems.

Click here for the full article, study notes and exercises.

 

Business/General Reading

20 Apr 2009
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    • 3D is the Future: James Cameron [ more... ] lower level
    • Student Gets Stuck Down Toilet [ more... ] lower level
    • Social and Business Visits with Americans [ more... ]
    • iPad Selling Well in the US [ more... ] lower level
    • Man Hits Motel Guest with Snake [ more... ] lower level
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    • World's Cleverest Man Turns Down $1 Million [ more... ] lower level
    • Sore Leg Was World War 2 Bullet [ more... ] lower level
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    • Avatar to Break Box Office Record [ more... ] lower level
    • Google Phone Coming Soon [ more... ]
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    • 'Hit a Banker' Games Proves Popular [ more... ] lower level
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    • World's Cheapest Car Goes on Show [ more... ]
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    • Spice Girls Have Still Got Girl Power [ more... ]
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Business/General Reading

20 Apr 2009
    • China Stocks Plunge to 12-Month Low [ more... ]
    • 3D is the Future: James Cameron [ more... ] lower level
    • Student Gets Stuck Down Toilet [ more... ] lower level
    • Social and Business Visits with Americans [ more... ]
    • iPad Selling Well in the US [ more... ] lower level
    • Man Hits Motel Guest with Snake [ more... ] lower level
    • Hong Kong Pollution Hits New High [ more... ]
    • World's Cleverest Man Turns Down $1 Million [ more... ] lower level
    • Sore Leg Was World War 2 Bullet [ more... ] lower level
    • Toyota Boss Apologises for Recall [ more... ]
    • Robber Tries to Hold Up Closed Bank [ more... ] lower level
    • Eating Disorders on the Rise in Hong Kong [ more... ] lower level
    • China 'World's Second Largest Economy' [ more... ]
    • Fatties Asked to Leave Website [ more... ] lower level
    • Avatar to Break Box Office Record [ more... ] lower level
    • Google Phone Coming Soon [ more... ]
    • A Dog Who Can Vote [ more... ] lower level
    • 'Hit a Banker' Games Proves Popular [ more... ] lower level
    • American Attitudes and Practices [ more... ]
    • Younger Wife for a Happy Marriage [ more... ] lower level
    • Hong Kong's Celebrity Tutors [ more... ] lower level
    • Cultural Concerns Meeting Westerners [ more... ]
    • US Wants Stronger Chinese Currency [ more... ] lower level
    • World's Tallest Man Looking for Love [ more... ] lower level
    • Financial Crisis Cost us $10,000 Each [ more... ]
    • Eyelid Surgery Becoming Popular in China [ more... ] lower level
    • 107-Year-Old Wants 23rd Husband [ more... ] lower level
    • Video Appears in Paper Magazines [ more... ]
    • Champion Athlete: Man or Woman? [ more... ] lower level
    • Rice Plant Grows Above Flood Water [ more... ] lower level
    • China's Foreign Reserves Top $2 Trillion [ more... ]
    • Google to Launch Operating System [ more... ] lower level
    • Michael Jackson Dies Deeply in Debt [ more... ] lower level
    • BA Asks Its Staff to Work for Nothing [ more... ]
    • Manchester United Accept £80 Ronaldo Bid [ more... ] lower level
    • Megan Fox Wants Jolie Girlfriend [ more... ] lower level
    • Sharp Fall in Exports from China [ more... ]
    • Nintendo Reports Record Profits [ more... ] lower level
    • Bet Dieting Takes Hold in the UK [ more... ] lower level
    • China Seeing Gradual Recovery [ more... ]
    • World's Cheapest Car Goes on Sale [ more... ] lower level
    • YouTube Video Makes Susan Famous [ more... ] lower level
    • Bank Profits Strengthen Global Markets [ more... ]
    • Sex Photo Scandal Still Running [ more... ] lower level
    • Chinese Male Doctors Urged to Quit Smoking [ more... ] lower level
    • US Stimulus Package Approved [ more... ]
    • Microsoft Reward to Catch Worm Creator [ more... ] lower level
    • Child Writes iPhone Code [ more... ] lower level
    • Culture in Business Communication [ more... ]
    • Texting Capital of the World [ more... ] lower level
    • Dating Secrets of a 9-Year-Old [ more... ] lower level
    • China Exports Fall on Decreased Demand [ more... ]
    • Taxis by Women, for Women [ more... ] lower level
    • Boy Survives Arrow Through Eye [ more... ] lower level
    • Shares Surge After China's Stimulus Package [ more... ]
    • PC Threat to Marriage [ more... ] lower level
    • Single Women Earn the Most [ more... ] lower level
    • China May Weather Global Credit Crunch [ more... ]
    • Thief Disappears with $3 Billion [ more... ] lower level
    • China to Hold Fake Beauty Pageant [ more... ] lower level
    • US GDP Rebounds with 3.3% Growth [ more... ]
    • Women Do Prefer Taller Men [ more... ] lower level
    • Apes Taught to Speak [ more... ] lower level
    • Dollar Strengthens as Oil Price Falls [ more... ]
    • Money Can't Buy Happiness [ more... ] lower level
    • Women Relax Requirements [ more... ] lower level
    • Global Energy Needs "to Grow 50%" [ more... ]
    • Mobile Lies Lead to Divorce [ more... ] lower level
    • Stress Leads to Shopping [ more... ] lower level
    • Microsoft Demonstrates 'Touch' Windows [ more... ]
    • The Changing Face of India [ more... ]
    • Asian Countries Hit by Rice Shortage [ more... ]
    • Oil Price 'May Hit $200 a Barrel' [ more... ]
    • George Soros: Billionaire, Philanthropist and Author [ more... ]
    • IMF Slashes World Growth Forecast [ more... ]
    • Buffett Becomes World's Richest [ more... ]
    • Taiwan to Invest in Mainland Banks [ more... ]
    • Microsoft Wants to Purchase Yahoo [ more... ]
    • World Markets Lose $5.2 Trillion in January [ more... ]
    • China's Economy Smaller Then Was Thought [ more... ]
    • World's Cheapest Car Goes on Show [ more... ]
    • Housing Meltdown Hits US Economy [ more... ]
    • Spice Girls Have Still Got Girl Power [ more... ]
    • Microsoft Deal Values Facebook at $15 Billion [ more... ]
    • PetroChina is Worlds Top Company [ more... ]
    • Music File-Sharer Fined $222,000 [ more... ]
    • China's Richest Person is 26-year-old Woman [ more... ]
    • Indian Economy to Overtake the UK [ more... ]
    • Hong Kong Keeps Business as Usual [ more... ]
    • World Markets Falls on Credit Fears [ more... ]
    • China's Inflation Rises Sharply [ more... ]
    • Boeing Unveils Dreamliner Plane [ more... ]
    • Blackstone Buys Hilton for $26 Billion [ more... ]
    • US Shows Signs of Net Addiction [ more... ]
    • Billions Face Climate Change Risk [ more... ]
    • Shanghai: Creating a Global City [ more... ]
    • No Change in Global Piracy Rates [ more... ]
    • India's High Tech Industry Out of Workers [ more... ]
    • China Business Do's and Don'ts [ more... ]
    • Staff Believe Colleagues are Lazy [ more... ]
    • Macau Leads Las Vegas in Gambling [ more... ]
    • China Economic Growth Expected to Slow [ more... ]
    • Hong Kong Tutors Selling Sex Appeal [ more... ]
    • McDonald's Opens First Beijing Drive-through [ more... ]
    • Government Drops Sales Tax Plans [ more... ]
    • Stronger Yuan Worries Hong Kong [ more... ]
    • Chinese Tourists Shop Till They Drop [ more... ]
    • Has the Dotcom Boom Returned? [ more... ]
    • Profits Jump at China's Top Companies [ more... ]
    • Online Gambling Banned in the US [ more... ]
    • The Changing Face of Management [ more... ]
    • The Single Life for Career Women [ more... ]
    • 220 Million Dollar Typing Error [ more... ]
    • Retrain as a Feng Shui Master [ more... ]
    • Obsessed with a Whiter Skin [ more... ]
    • Chinese Seek Online Romance [ more... ]
    • Is Pronunciation so Important? [ more... ]
    • PC Threat to Marriage [ more... ]
    • Selecting the Right Employees [ more... ]
    • Hong Kong Staff are the Best [ more... ]
    • Good Communication at Work [ more... ]
    • Is the Customer Always Right? [ more... ]
    • Email Charging Plan to Beat Spam [ more... ]
    • Climate Change Warning [ more... ]
    • Mainland Mothers Give Birth in Hong Kong [ more... ]
    • Shortage of Women in Mainland China [ more... ]
    • China Encourages Movement to its Cities [ more... ]
    • Hong Kong's Underclass is Expanding Fast [ more... ]
    • New Guangzhou Airport Worries Hong Kong [ more... ]
    • China Comes Top of Mobile Phone League [ more... ]
 
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