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Financial reserves

  • 10-12-2010 12:59pm
    #1
    Registered Users, Registered Users 2 Posts: 9,023 ✭✭✭


    So China has 2 trillion US dollars in finacial reserves.

    What does this mean, the Chinese have 2 Trillion in US government bonds?
    the Chinese have 2 trillion US dollars in physical paper stored in their banks?


Comments

  • Registered Users, Registered Users 2 Posts: 226 ✭✭whysomoody


    So China has 2 trillion US dollars in finacial reserves.

    What does this mean, the Chinese have 2 Trillion in US government bonds?
    the Chinese have 2 trillion US dollars in physical paper stored in their banks?

    I would imagine a mixture of both with a heavy weighting towards the former.


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