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China Economy 04/21/2011 @ 3:47am China's central financial institution once again bumped up the level of cash reserves the nation's banks must hold. The move is a try to curb Chinese inflation that is emerging as a serious threat to a global economy reliant on cheap Chinese exports. Donald Trump, who has suckered the media into believing he may run for president, has offered a solution to Chinese rising prices that involves a 25 percent tariff on Chinese imports, a suggestion that has been universally debunked by people who know something about such subjects. I found this here: China struggles to curb inflation that threatens global growth

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04/21/2011 @ 12:36am It's good to hear that there are countries who are moving forward despite the great financial crisis. But for the fourth time this year China's central bank announced Sunday the biggest Chinese banks must hold greater cash reserves. I read this here: China struggles to curb inflation that threatens global growth. This could leave a lot more people scrambling to get an immediate relief.

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04/21/2011 @ 12:36am It's good to hear that there are countries who are moving forward despite the great financial crisis. But for the fourth time this year China's central bank announced Sunday the biggest Chinese banks must hold greater cash reserves. I read this here: China struggles to curb inflation that threatens global growth. This could leave a lot more people scrambling to get an immediate relief.

Report Abuse Reply
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