International Monetary

Xinhua Beijing, December 6, according to the Hong Kong "Wen Wei Po" report, metal advisory body of the British gold Mining services Company (GFMS) Senior said, excluding the central bank acquisition, China this year the total demand for jewellery and investment of 432 tons, surpassing India as the world's largest consumer of gold. GFMS, executive chairman Philip Klapwijk, said at an industry meeting that higher gold prices have a stronger dampening effect on India's demand for gold than China, which has strong demand, especially in the investment sector. GFMS expects India to buy 20 of the International Monetary Fund.

The first meeting of BRICS leaders to discuss the reduction of bond purchases against the US dollar by the BRIC countries "will be unlikely to create a real challenge to the dollar's supremacy." Any hint of a specific stay away from the dollar could hurt the value of its own reserves. --BBC "Brics" is still a concept, not a mechanism, not an organization. Analysts generally believe the leaders ' meeting is more symbolic than practical. --China Securities News China, Brazil, Russia and India "BRICS" leaders held their first formal meeting in Jekaterinburg, Russia, 16th ...

The euro was once again "fooled" and plunged, falling below the 1.3450 key support position, to 1.3354, the lowest level in the past 10 months, as the country poured cold water and Greece shelved its plan to help the IMF. This Tuesday, German Chancellor Angela Merkel said Germany agreed only to provide Greece with the last resort, the EU summit this week will not make a decision on Greek aid. Last night, Greek government officials said the alternative plan for recourse to the International Monetary Fund had been shelved. All this poses a pressure on the euro ...

In January 2009, China's holdings of US Treasuries amounted to $736.9 billion trillion, ranking first in the total holdings of U.S. Treasuries. Of China's huge foreign-exchange reserves, just 4.4 billion dollars is drop. However, the reduction of the lifting has aroused widespread concern. Why has China been reducing its holdings of U.S. Treasury bonds before?　　What does this mean? Reduction does not represent the trend "at present our country is still holding the most U.S. Treasury bonds outside the United States, the reduction of a few 4.4 billion U.S. Treasury bonds will not affect the future trend of our further increase in US Treasuries." Finance Institute of the Ministry of Finance ...

China's move to increase its holdings of US Treasuries has finally stopped. The 15th evening, reporters from the U.S. Treasury Department website learned that by the end of April this year, China held a U.S. Treasury debt of 763.5 billion U.S. dollars, lower than the end of March 767.9 billion U.S. dollars.　　This means that, in April, China reduced its holdings of about 4.4 billion U.S. dollars in US Treasuries. This is the first time in more than a year to reduce U.S. Treasury bonds.　　China has been increasing its holdings of US Treasuries for more than $260 billion a year since May 2008, according to data from the US Treasury website for nearly a year. China's reduction in US Treasuries may be with the purchase of the International Monetary Fund ...

Xinhua Beijing, October 29, according to Japan's Kyodo news agency, the International Monetary Fund (IMF) 29th released the Asia-Pacific Economic Forecast report. The report argues that "Asia is recovering rapidly from the severe global economic crisis" and has raised its judgment on future Asian economic trends.　　The report also said that next year the economic "recovery will be very slow", and warned that "can not completely exclude the possibility of two bottoming", the proposal to continue to implement economic stimulus policy. The report predicts a 2009-year growth rate of 2.8% in the Asia-Pacific region, at 5.8% in 2010. Up to the forecast for May of this year respectively.