{"id":3679,"date":"2012-03-01T06:15:37","date_gmt":"2012-03-01T11:15:37","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=3679"},"modified":"2012-03-01T06:15:37","modified_gmt":"2012-03-01T11:15:37","slug":"heard-on-the-street-china-shifts-out-of-dollars-world-doesnt-end-wsj-com","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/01\/heard-on-the-street-china-shifts-out-of-dollars-world-doesnt-end-wsj-com\/","title":{"rendered":"Heard on the Street: China Shifts Out of Dollars, World Doesn&#8217;t End &#8211; WSJ.com"},"content":{"rendered":"<p>In the 12 months to June 2011, dollar purchases accounted for just 15% of additions to China&#8217;s reserves.<\/p>\n<p>That confirms hints from Beijing and Europe over the past year that China has ramped up purchases of European debt<\/p>\n<p>via <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052970203753704577254372538153872.html?mod=WSJ_markets_article_liveupdate\">Heard on the Street: China Shifts Out of Dollars, World Doesn&#8217;t End &#8211; WSJ.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the 12 months to June 2011, dollar purchases accounted for just 15% of additions to China&#8217;s reserves. That confirms hints from Beijing and Europe over the past year that China has ramped up purchases of European debt via Heard on the Street: China Shifts Out of Dollars, World Doesn&#8217;t End &#8211; WSJ.com.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41,5,33],"tags":[663,1072,1295],"class_list":["post-3679","post","type-post","status-publish","format-standard","hentry","category-china-hk","category-economy","category-uk-europe-countries-regions","tag-china","tag-dollar","tag-euro-zone"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Heard on the Street: China Shifts Out of Dollars, World Doesn&#039;t End - WSJ.com - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Heard on the Street: China Shifts Out of Dollars, World Doesn&#039;t End - WSJ.com - the patient investor\" \/>\n<meta property=\"og:description\" content=\"In the 12 months to June 2011, dollar purchases accounted for just 15% of additions to China&#8217;s reserves. 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China's gross domestic product growth could slip to around 8% from more than 9% this year, which will lead to lower demand for commodities. Already, the Reserve Bank of Australia's index of commodity prices\u2014a\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1639,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/30\/after-china-fund-chief-goes-to-japan-wsj-com\/","url_meta":{"origin":3679,"position":1},"title":"After China, Fund Chief Goes to Japan &#8211; WSJ.com","author":"ColinTwiggs","date":"October 30, 2011","format":false,"excerpt":"On Friday, Chinese and European officials sought to play down expectations about when and how China may deploy its vast financial resources to help bail out indebted countries in Europe. A Chinese Vice Finance Minister said China must first see the details of a new European bailout fund before making\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5906,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/29\/here-comes-the-dollar-wave-again-wsj-com\/","url_meta":{"origin":3679,"position":2},"title":"Here Comes the Dollar Wave Again &#124; WSJ.com","author":"Colin Twiggs","date":"October 29, 2012","format":false,"excerpt":"Wall Street Journal opinion on the impact of QE3 on Asia: If Asia stays true to form, the world is in for a bout of foreign-exchange interventions -- some coordinated, some not -- in a quest for stability. 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Public spending on education, at 3% of GDP\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13249,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/08\/the-titillating-and-terrifying-collapse-of-the-dollar-again-michael-pettis\/","url_meta":{"origin":3679,"position":4},"title":"The titillating and terrifying collapse of the dollar. Again. | Michael Pettis","author":"ColinTwiggs","date":"May 8, 2016","format":false,"excerpt":"Michael Pettis explains why the US dollar as reserve currency is a burden rather than a privilege for the US: Historically, neither Europe nor Japan, and certainly not China, have been willing to permit foreigners to purchase significant amounts of government bonds for reserve purposes. When the PBoC tried to\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4799,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/08\/new-jolt-looms-for-investors-earnings-wsj-com\/","url_meta":{"origin":3679,"position":5},"title":"New Jolt Looms for Investors: Earnings &#8211; WSJ.com","author":"Colin Twiggs","date":"July 8, 2012","format":false,"excerpt":"Jonathan Cheng: Companies begin reporting second-quarter earnings this week, starting with Alcoa Inc. (AA -2.19%) on Monday. Already, 42 companies\u2014including Ford Motor Co. (F -0.73%) and Texas Instruments Inc. (TXN -2.43%) \u2014have warned investors that profits will be lower than initially expected....... 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