Correction to China Banking System Ne...

Correction to China Banking System Net Forex Purchase Story

There are 2 comments on the Toronto News.Net story from Jul 12, 2012, titled Correction to China Banking System Net Forex Purchase Story. In it, Toronto News.Net reports that:

BEIJING China's central bank and financial institutions bought a net CNY49.1 billion of foreign currency in June, compared with a net purchase of CNY23.4 billion in May, according to Dow Jones Newswires calculations based on central bank data issued Thursday.June was the second-straight month of net purchases, suggesting that capital continued to ... (more)

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lct

Beijing, China

#1 Jul 12, 2012
$49.1 billion is enough to buy all the foreign oil wells in West SCS. Vietnam, are you getting ready? no, I don't think so.:)

BTW, by the end of this month, there will be another $41.9 Billion ready to take on East SCS. Philippine can only watch.

Next USA/UK/EU, sell you interest in Malaysia, Singapore, indonesia, Australia. Yes, Australia included, before you have to sell some islands.:)
lct

Beijing, China

#2 Jul 12, 2012
lct wrote:
$49.1 billion is enough to buy all the foreign oil wells in West SCS. Vietnam, are you getting ready? no, I don't think so.:)
BTW, by the end of this month, there will be another $41.9 Billion ready to take on East SCS. Philippine can only watch.
Next USA/UK/EU, sell you interest in Malaysia, Singapore, indonesia, Australia. Yes, Australia included, before you have to sell some islands.:)
an for Japan, because your private savings are tied up with national debts. you can only watch.

we will not release you until you sell out your businesses.:)

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