China is concerned about it's assets. $2 trillion worth of foreign reserves in U S dollars. They want the International Monetary Fund (IMF) to monitor the U S just as closely as it has overseen struggling Third world Countries.
Many nations feel that the U S is no longer a major player in the worlds economy and want to replace the dollar with an alternative.
Monday, March 30, 2009
CHINA IS WORRIED ABOUT IT'S ASSETS
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment