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Comparison
of International Reserves China, India and Indonesia
The
rapid growth of the Chinese economy can not be separated from the abundance of
foreign exchange reserves held as capital will continue to spur development in
the country the bamboo curtain. Here we discuss Comparison forex reserves of
China, India, and Indonesia to determine how much capital strength of each
country that is now a very high rate of economic growth in Asia.
China
continues to prove itself as a new economic giant in Asia with record foreign
exchange reserves of USD1,9056 trillion at the end of September 2008. Bank of
China through the Internet People's Bank of China said, that number increased
by 32.9% from the previous year and 25% more higher than in the foreign
exchange reserves at the end of 2007.
However,
the statement of the Central Bank of China said the growth from year to year
(year on year / yoy) is still considered low when compared to the first
quarter, which reached up to 40% rise. This is as a result of the global
economic slowdown that started last month.
Until
now, China still ranks first which has the largest reserves in the world. Based
on the data cited by Reuters, China is getting away from Japan who finished
2nd. While Indonesia's foreign exchange reserves by the end of August 2008 only
USD58,356 billion.
The
world's foreign exchange reserves at the end of the second quarter recorded
rising to US $ 4.4 trillion, from the previous $ 1.5 trillion at the beginning
of the decade. The financial crisis the United States (US) is expected to
strengthen the grip of China in the US economy.
This
happens because Beijing will likely buy more US government securities by
utilizing foreign exchange reserves increasingly bloated. China has mastered
the US securities worth USD1,3 trillion, or about 70% of their foreign exchange
reserves of USD1.8 trillion.
This
sparked concerns among US politicians that Chinese influence is so large it
will make the country a major threat to the US. Nevertheless, experts say China
has no other choice but to continue buying assets with the dominance of the
dollar.
This
is done to prevent the reduction in the value of its assets, even though they
know the US is now at risk of falling into the direction of the economy the
worst since the great depression in the 1930s.
They
require a liquid and safe assets, such assets when not much in the rest of the
world, said the former Head of China in the International Monetary Fund (IMF)
Eswar Prasad.
According
to him, if China stopped sending money to the US, the US dollar will depreciate
or deficit quickly. Then, with the current account deficit at this time, no one
party is willing to fund the deficit so that the dollar will decline and erode
the capital value of their assets.
During
this time, he said, the US economy managed through a large current account
deficit and that could worsen economic conditions, related to Washington's plan
to save Wall Street from the current economic turmoil.
Meanwhile,
managing director of Merrill Lynch China Er Fei Liu said, China will be able to
maintain reasonable growth at or above 8%. According to him, China needs to
ensure sustainable growth and keep inflation under control to reduce the impact
of the global financial crisis.
Until
now recognizes China has not experienced such turmoil faced by advanced
economies. Liu added China had a "simple task" that is inflation,
stabilize growth and boost domestic demand.
The
foreign exchange reserves (foreign exchange reserves) are deposits of foreign
currency by central banks and monetary authorities. At the moment China does
have foreign exchange reserves at most. Japan which incidentally is the most
developed countries in Asia alone only has foreign exchange reserves of US $
996.7 billion, followed by Russia (US $ 582.2 billion), India (US $ 295.3
billion), South Korea (US $ 243.3 billion ). China's foreign exchange reserves
far surpass the United States (US $ 72.5 billion) and the UK (US $ 72.1
billion).
1. Sentence coordinative =
1. Here
we discuss Comparison forex reserves of China, India, and Indonesia to
determine how much capital strength of each country that is now a very high
rate of economic growth in Asia.
2.
They need a liquid and safe assets, such assets when not much in the rest of
the world, said the former Head of China in the International Monetary Fund
(IMF) Eswar Prasad.
3.
During this time, he said, the US economy managed through a large current
account deficit and that could worsen economic conditions, related to
Washington's plan to save Wall Street from the current economic turmoil.
4.
According to him, China needs to ensure sustainable growth and keep inflation
under control to reduce the impact of the global financial crisis.
5.
Foreign exchange reserves (foreign exchange reserves) are deposits of foreign
currency by central banks and monetary authorities.
6.
China's foreign exchange reserves far surpass the United States (US $ 72.5
billion) and the UK (US $ 72.1 billion).
2. Sub ordinatif =
1.
The rapid growth of the Chinese economy can not be separated from the abundance
of foreign exchange reserves held as capital will continue to spur development
in the country the bamboo curtain. Here we discuss Comparison forex reserves of
China, India, and Indonesia to determine how much capital strength of each
country that is now a very high rate of economic growth in Asia.
2.
However, the statement of the Central Bank of China said the growth from year
to year (year on year / yoy) is still considered low when compared to the first
quarter, which reached up to 40% rise. This is as a result of the global
economic slowdown that started last month.
3.
Until now, China still ranks first which has the largest reserves in the world.
Based on the data cited by Reuters, China is getting away from Japan who
finished 2nd. While Indonesia's foreign exchange reserves by the end of August
2008 only USD58,356 billion.
4.
The world's foreign exchange reserves at the end of the second quarter recorded
rising to US $ 4.4 trillion, from the previous $ 1.5 trillion at the beginning
of the decade. The financial crisis the United States (US) is expected to
strengthen the grip of China in the US economy.
5.
This is because Beijing is likely to be a lot of buying US government securities
by utilizing foreign exchange reserves increasingly bloated.
6.
The world's foreign exchange reserves at the end of the second quarter recorded
rising to US $ 4.4 trillion, from the previous $ 1.5 trillion at the beginning
of the decade.
7.
This sparked concerns among US politicians that Chinese influence is so large
it will make the country a major threat to the US.
3. Kompleks Sentence =
1.
They need liquid assets and safe
2.
If China stopped sending money to the US, the US dollar will depreciate or
deficit quickly
3.
Then, with the current account deficit at this time, no one party is willing to
fund the deficit so that the dollar will decline and erode the capital value of
their assets.
4.
The US economy is managed through a large current account deficit and that
could worsen economic conditions.
5.
Liu added China had a "simple task" that is inflation, stabilize
growth and boost domestic demand.
6.
Foreign exchange reserves (foreign exchange reserves) are deposits of foreign
currency by central banks and monetary authorities.
4. Simple Sentence =
1.
According to him, if China stopped sending money to the US, the US dollar will
depreciate or deficit quickly.
2.
During this time, he said, the US economy managed through a large current
account deficit and that could worsen economic conditions, related to
Washington's plan to save Wall Street from the current economic turmoil.
3.
According to him, China needs to ensure sustainable growth and keep inflation
under control to reduce the impact of the global financial crisis.
5. Relation Sentence =
1.
However, the statement of the Central Bank of China said the growth from year
to year (year on year / yoy) is still considered low when compared to the first
quarter, which reached up to 40% rise.
2.
Nevertheless, experts say China has no other choice but to continue buying
assets with the dominance of the dollar.
3.
whereas such assets is not much in the rest of the world, said the former Head
of China in the International Monetary Fund (IMF) Eswar Prasad.
4.
Then, with the current account deficit at this time, no one party is willing to
fund the deficit so that the dollar will decline and erode the capital value of
their assets.
5.
China will be able to maintain reasonable growth at or above 8%.
