China beats the US in the One Million US Dollar Per Minute race.
Earlier, it was reported that the US was borrowing at the rate of 1 US Million Dollars per minute from the rest of the world.
China has beat the US in the One Million US Dollar Per Minute benchmark.
No. Not in borrowing from others.
But in ensuring that it's foreign exchange reserves increase by the same speed.
Yes.
The latest quarter's data shows that China has increased it's foreign exchange reserves at the rate of 1 US Million Dollars per minute in the last quarter.
Time to think.
Today, India claims that it is the leader in Global Offshore Outsourcing.
Will China beat India ?
Earlier, it was reported that the US was borrowing at the rate of 1 US Million Dollars per minute from the rest of the world.
China has beat the US in the One Million US Dollar Per Minute benchmark.
No. Not in borrowing from others.
But in ensuring that it's foreign exchange reserves increase by the same speed.
Yes.
The latest quarter's data shows that China has increased it's foreign exchange reserves at the rate of 1 US Million Dollars per minute in the last quarter.
Time to think.
Today, India claims that it is the leader in Global Offshore Outsourcing.
Will China beat India ?
Labels: China US Foreign Exhange Deficit