People's Republic of China
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Central Bank Buying Spurs a Gold RushBefore buying from the IMF, India held 357.7 metric tons of gold, which was only 4% of its total bank reserves, while China's 1,054 tons of gold represented 1.9% of its total reserves, according to the World Gold Council's September count. In this article: Central Bank, India, International Monetary Fund, Reserve Bank of India, Russia, Brookings Institution, Brown Brothers Harriman, and Standard & Poor's |
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FT.com - Financial Markets News | 1 day ago
Gold rush sends bullion towards $1,200
...403.3 it has earmarked for disposal. Traders are betting that other central banks, particularly China or Brazil, and sovereign wealth funds from the oil-rich Middle East countries could buy IMF gold. India could also buy again. The IMF...
In this article: International Monetary Fund, Nymex, US, India, and Middle East
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washingtonpost.com | 3 days ago
America's currency quarrel with China
...before the recession to 6.2 percent now. But more action is needed: Not only must the United States seriously address its long-term budget deficits; China must also allow its currency, the yuan, to rise. This view is confirmed by the two...
In this article: China, United States, Plaza Accord, Economically, Recession, Anxiety, International Monetary Fund, Barack Obama, Asia, and Beijing
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MarketWatch | November 11, 2009
Metals Stocks: Gold prices climb past $1,120 on Globex
...ounce in New York Wednesday. Looking ahead, "gold is likely headed to $1,250 and has the potential for a violent move higher should China suddenly purchase IMF (International Monetary Fund) gold," said Kerr. Password The action you...
In this article: International Monetary Fund, Tokyo, New York, New York Mercantile Exchange, U.S. Federal Reserve, and China
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Financial Times | November 17, 2009
US urges China to strengthen renminbi
...at a conference in Beijing for a stronger renminbi "the sooner the better". He Yafei, one of China's vice foreign ministers, defended China's exchange rate policy. "In the process of tackling the financial crisis, keeping the RMB stable not...
In this article: China, Barack Obama, US, Hu Jintao, Beijing, Iran, Financial crisis, and Climate change
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Forbes.com News | 7 days ago
Krugman Is Wrong About The Yuan
...years, Obama and Strauss-Kahn both agree with Paul Krugman, the Nobel Prize-winning New York Times columnist, who wrote on Nov. 15 that China severely undervalues its currency. Krugman believes that to reduce America's trade deficit and spur...
In this article: Paul Krugman, China, Wal-Mart, Barack Obama, Mattel, Target, Dell, and Dominique Strauss-Kahn
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WSJ.com: Markets | November 10, 2009
Central Banks Join a New Gold Rush
...countries may be likely candidates. Wei Benhua, a former Chinese official, was cited by Chinese-language magazine Caijing on Monday as saying China, Brazil or Russia may follow India in buying IMF gold. India's purchase has thrown central...
In this article: International Monetary Fund, China, India, Russia, Brazil, Natural gas, and International Financial Statistics
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washingtonpost.com | November 13, 2009
Chinese president pledges to boost domestic demand
...international financial institutions. China is seeking greater voting rights in international bodies like the International Monetary Fund and the World Bank for itself and other fast-growing economies. European countries have balked at such...
In this article: Hu Jintao, Beijing, China, World Bank, International Monetary Fund, World Trade Organization, European country, Asia-Pacific Economic Cooperation, and Singapore
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Seeking Alpha | November 16, 2009
China: Consequences of the Sleeping Lion Awakened
...next year-almost double the 3% rate forecast for the global economy. Specifically, the IMF projects China annual growth to be 8.5% and 9% for 2009 and 2010 respectively. In contrast, advanced economies annual growth in 2010 is projected to...
In this article: China, Barack Obama, International Monetary Fund, RTP, BHP Billiton, MCD, Wal-Mart, U.S., Beijing, and Contango
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Sydney Morning Herald - Business | November 18, 2009
Gold forges record peak near $1,150
...banks become net buyers, after being net sellers for more than 20 years. "China and Russia have added to their holdings, and could easily increase them again. "Meanwhile, India and Mauritius have just bought gold from the International...
In this article: International Monetary Fund, Mauritius, US, Russia, and China
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Description from Wikipedia:
The People's Republic of China (PRC) ( listen), commonly known as China, is the largest country in East Asia and the most populous in the world with over 1.29 billion people, approximately a fifth of the world's population. It is a socialist republic ruled by the Communist Party of China under a single-party system and has jurisdiction over twenty-two provinces, five autonomous regions, four municipalities, and two largely self-governing Special Administrative Regions. China's capital is Beijing.
At 9.6-million square kilometres, the People's Republic of China is the world's third or fourth largest country by area. Its landscape is diverse with forest steppes and deserts (the Gobi and Taklamakan) in the dry north near Mongolia and Russia's Siberia, and subtropical forests in the wet south close to Vietnam, Laos, and Myanmar. The terrain in the west is rugged and high altitude, with the Himalayas and the Tian Shan mountain ranges forming China's natural borders with India and Central Asia. In contrast, China's eastern seaboard is low-lying and has a 14,500-kilometre long coastline bounded on the southeast by the South China Sea and on the east by the East China Sea beyond which lies Korea and Japan.
- Name:
- the People's Republic of China
- Conventional Long Name:
- People's Republic of China
- Capital:
- Beijing
- Language:
- Simplified Chinese (written);
- Simplified Chinese (written)
- Largest City:
- Shanghai
- Government type:
- Socialist state
- Legislature:
- National People's Congress
- Founding Date:
- October 01, 1949
- Formations:
- People's Republic of China proclaimed.
- Area:
- 9,640,821
- GDP (per capita PPP):
- $7.89 trillion
- GDP (per capita PPP) Rank:
- 2nd
- GDP (nominal):
- $4.222 trillion
- GDP (nominal per capita) Rank:
- 105th
- GPD (nominal) Rank:
- 3rd
- GDP (nominal per capita):
- $3,180
- Time Zone:
- China Standard Time
- Currency:
- Yuan
- Demonym:
- Chinese
- Drives On:
- right, except for Hong Kong & Macau
- Currency (code):
- CNY
- Country Calling Code:
- +86
- ccTLD:
- .cn
- Anthem:
- "March of the Volunteers"
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