Buy custom economic interchange
Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1728 |
Essay's paper body
Riordan's investing in China as a base for its exports will increasingly turn to the vast new market as a source for growth.
Exchange Rate
Global Market Information data reports that China's foreign exchange reserves have gotten as high as $1 trillion in 2006 because of rapid export expansion. This represents an increase from $165,574 million in 2000...
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This represents an increase from $165,574 million in 2000. Data regarding China's economic information indicates that the country now has the largest holding of foreign exchange reserves in the world, which supports its capacity for strong external payment.
Although China has kept its exchange rate stable at 8...
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