Re: hot Money is flowing into China . 85 billion US$ for the first

On May 11, 2:48 pm, Jesus  Christ the Holy  ****  ****er
<veak...@[EMAIL PROTECTED]
> wrote:
> according  to  a  re****t  by the  Chinese  central  TV -
>  CCTV - 4  today  the 11 April  2008
>  re****ts that   the  Chinese  Administration Bureau  for
> Foreign  Exchanges  estimates
> that  so far  this  year  85 billion  US$  of  Hot Money
>  has  entered  the  Chinese  banking system  from outside China  .
>
> this  Hot  Money  helped  to  maintain the  high  prices  of the
> Chinese  residential property  market .
>
> where  are  all these  Hot  Money  coming  from ?
>
> UBS  and  Citibank  have  no  more  cash .

Next they will apply pressure to force China to increase FX rate,
then US will increase value,

This will surely give double-$ to flow out of China when that happen.
China will have problem of property crash and others by then