David Kestenbaum http://wrti.org en China's Giant Pool Of Dollars http://wrti.org/post/chinas-giant-pool-dollars China's central bank is sitting on a giant pool of U.S. dollars. It's the world's biggest holder of foreign reserves, worth <a href="http://www.bloomberg.com/news/2012-03-12/china-to-bring-new-ideas-to-managing-foreign-reserves-1-.html" target="_blank">over $3 trillion</a> at last count.<p>All that money has piled up because every year, China exports more than it imports; it runs a trade surplus.<p>There are lots of reasons for China's trade surplus. In the past few decades, China has built an amazing manufacturing ecosystem. Thu, 15 Mar 2012 04:01:00 +0000 David Kestenbaum 1451 at http://wrti.org China's Giant Pool Of Dollars