http://money.cnn.com/data/world_markets/europe/
China still stockpiling foreign currency
Betting on a Japanese default
China's playing a high stake game stock piling a currency ( US dollar ) that could crash down before they have time to unwind their position . We know the reasons why they do it ( yen value , exports , jobs ) but they're also gambling on the US dollar against everyone else in the meantime ...
That gamble might pay off if money flows back to the US after QE2 with future US bond auctions but that`s a bet i would`nt make .
Tec
