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China's reserves hit $1.53 trillion


Bolt_Gundam510

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Bolt_Gundam510

BEIJING (AP) -- China's foreign exchange reserves hit $1.53 trillion at the end of 2007, up 43 percent from the end of the previous year, the central bank said Friday.

The bank said in a statement on its Web site that $461.9 billion was added to the country's foreign exchange reserves in 2007.

The reserves come from China's booming trade surplus, which rose to a record $262.2 billion in 2007, the General Administration of Customs said separately Friday.

Source: CNN Money

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with all that money maybe they will improve the lifestyles of the chinese peasants and others that are starving or don't have health care.

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  • 2 weeks later...
with all that money maybe they will improve the lifestyles of the chinese peasants and others that are starving or don't have health care.

better one, clean up they freaken pollution.

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