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Re: China to trigger US housing bubble
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Re: China to trigger US housing bubble# Living
u*t
1
Here are my thoughts, feel free to comments:
Now China has huge amount of its foreign currency reserves invested in US
Treasury bonds. Of course, China wants the best return on its investment. But
the deep de-valuation of US dollar vs Euro has reduced the returns on Chinese
investments in US Treasuries. Remember China is increasing its already huge
import of oil each year. And the rising oil prices are hurting Chinese
economy. Therefore China can choose (in the near future) to invest in European
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