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China rules out investing $3.2tn forex reserves to bail out EU debt – Economic Times


Bloomberg

China rules out investing $ 3.2tn forex reserves to bail out EU debt
Economic Times
BEIJING: China today ruled out investing much of its USD 3.2 trillion dollar foreign reserves to bail out EU countries from their sovereign debt crisis even as its exports to US registered 17 per cent increase touching USD 363 billion.
China rules out use of forex reserves to bail out Europedomain-B

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