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Bangkok Blames the Dollar Even as Markets Rebound
21 Dec 2006 09:47 GMT | einsnews.com
... steep decline of the dollar is punishing Asias smaller economies and should be addressed by ... on the regions buoyant economy, particularly in China and India. The surge of funds pushes ... exports more expensive on global markets. in Hong Kong, said this was a regional problem. Every ...
China's Wen says forex move won't harm dollar
| Findory News China
Financial Times: Wen Jiabao, China's premier, sought to reassure global currency markets by saying the new agency being established to invest part of the country's foreign exchange reserves would not harm the US dollar.
Wen: New Firm Won't Affect Dollar Assets
| Findory News China
International Business Times: China's premier tried Friday to ease concerns about the planned launch of a company to invest part of its $1 trillion in foreign reserves, saying it will have no impact on Beijing's huge U.S. dollar-denominated assets.
China Shares Slip; Yuan Up vs. Dollar
| Findory News China
International Business Times: Chinese stocks fell Friday as economic data and official comments spurred speculation authorities might move soon to tighten credit. The yuan rose against the U.S. dollar.
China: Investment Won't Hurt Dollar
Fri, 16 Mar 2007 16:03:00 +0000 | Newsvine China
China's prime minister tried to reassure the world about its financial goals Friday, saying a planned company to invest some of its $1 trillion in reserves won't affect dollar-denominated assets and promising to reform unruly Chinese stock markets.
China Seeks to Reassure Traders About Dollar
| Findory News China
Washington Post: BEIJING, Mar. 16--Chinese Prime Minister Wen Jiabao said plans to diversify the country's more than $1 trillion in reserves, roughly a third of which are held in U.S. Treasury bills, will not hurt the dollar.
China: Investment won't hurt dollar
| Findory News China
Yahoo News: AP - China's prime minister tried to reassure the world about its financial goals Friday, saying a planned company to invest some of its $1 trillion in reserves won't affect dollar-denominated assets and promising to reform unruly Chinese stock markets.
