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China Doesn't Have a Forex Bazooka to Bail Out Europe

November 17, 2011

Europeans searching for a bazooka to blast away euro zone debt problems might well eye China's $3.2 trillion foreign exchange arsenal with envy, but Beijing has far less firepower available than many assume.

Source: http://www.cnbc.com/id/45334363?__source=RSS*tag*&par=RSS
 
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