Chinese Money Flies the Friendly Skies

It is being found by airport agents in "wallets, purses and suitcases at airports across North America." What is? Cash. Good old cold hard cash. Call it diversified financial planning by some of the richer Chinese able to do so.

article: Chinese Fly Cash West

China to Friend the IMF by $43 billion

(Reuters) -  China on Monday offered $43 billion to the IMF's crisis-fighting reserves, joining other major emerging markets in pledging new funds to shore up the global financial system while demanding reforms to give the developing world more clout at the IMF.

Hot Money Hits China

China says 2010 'hot money' flows hit $35.5 bn

BEIJING (AFP) – China said Thursday that net speculative capital inflows into the country last year equalled $35.5 billion, and vowed to maintain a crackdown on so-called "hot money".

China has sought to limit flows of volatile "hot money", which enter and exit nations in search of swift profits and are often blamed for destabilising markets as they tend to depart at the first sign of trouble.



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China threatens 'nuclear option' of dollar sales

UK Telegraph | Ambrose Evans-Pritchard


The Chinese government has begun a concerted campaign of economic threats against the United States, hinting that it may liquidate its vast holding of US treasuries if Washington imposes trade sanctions to force a yuan revaluation.

Blog - Dollar to collapse? Fistful of dollars - China's trade surplus reached $26.9bn in June

Two officials at leading Communist Party bodies have given interviews in recent days warning - for the first time - that Beijing may use its $1.33 trillion (£658bn) of foreign reserves as a political weapon to counter pressure from the US Congress.