The dollar amount isn’t huge but the change in direction could be.
China reported that its cash horde of foreign exchange reserves declined from $1.906 trillion to $1.89 in September (most recent numbers).
That’s the first time since December of 2003 that China’s cash reserves have declined.
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- China reserves top $1.8 billion (07/14/08)
- China losses its shirt on U.S. stocks (03/16/09)
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so what is the explaination of the HUGE drop in CEO Cnooc Oil and Nat Gas? Its dropped about 20% is this a dip? You holding or did folks SELL?
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