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China Hoards Dollars
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60 Second Buzz: No matter what the dollar bears proclaim, China is not about to let a declining dollar price its ailing export industry out of a living.

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China Hoards Dollars - added on 2008-08-31

Dollar rebound: China intervenes in currency marketsĀ 

The Dollar Bears may still be promising the disappearance of the U.S. dollar from global commerce. But the Chinese seem to have other plans. As may all other countries who see their export industries competitiveness threatened by the low dollar...



 

 


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