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Debt and quality of growth

 
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Author Debt and quality of growth
rffrydr
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PostPosted: Wed May 03, 2006 2:42 pm    Post subject: Debt and quality of growth Reply with quote
Bad bank loans said to offset foreign currency reserves. Follow with quote:
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rffrydr
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PostPosted: Fri Nov 14, 2008 7:48 am    Post subject: Reply with quote
FDI jumping over the wall.

http://www.nytimes.com/2008/11/14/world/asia/14china.html?scp=4&sq=china&st=cse
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HenryTo
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PostPosted: Wed May 03, 2006 11:03 pm    Post subject: Reply with quote
For some reason, the growth of foreign currency reserves have also outpaced the growth of its surplus plus foreign direct investments (FDI). One wonders where all that money came from. Perhaps it is all borrowed money? When it was profitable to borrow USD and use it to buy Shanghai real estate? One thing's for sure: There is still a lot of hot money in China right now hoping for a significant revaluation in the Yuan.
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