China’s Wen Calls for Better Forex Reserve Oversight: WSJ

Written January 8, 2012 at 9:54 AM EST by  

http://online.wsj.com/article/SB10001424052970203513604577146320088453732.html?mod=rss_Business

In a Wall Street Journal article it speaks to the call by Wen and also the hurdles that the country faces.  The strong growth seen in the Chinese economy while the global economy slowed, is now subject to risk as Europe slows further, and domestically the banks and smaller corporations are struggling.

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One Response to “China’s Wen Calls for Better Forex Reserve Oversight: WSJ”

  1. James Clark on January 8th, 2012 3:28 pm

    China will outperform going forward. The Communist Capitalist system has

    powers that our US system does not. they only need the wisdom to exercise

    those powers on the world and domestic stage. It appears their goal is world

    business superiority. They only lack experience in the big arena. In time their

    strength and skill will be honed to the sharpest edge. And of course they are

    totally astute about their needs to sell in all the world markets. Additionally, they

    do not desire shooting wars. Their goal is to compete, thrive and be a

    dominant player. It is unfortunate that the world cannot be more peacefully

    competitive.

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