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02 May 2011 |
Justin Urquhart Stewart is one of the most recognisable and trusted market commentators on television, radio, and in the press. Originally trained as a lawyer, he has observed the retail market industry for 20 years whilst at Barclays Stockbrokers and developed a unique understanding of the market's roles and benefits for the private investor.
Justin Urquhart Stewart is one of the most recognisable and trusted market commentators on television, radio, and in the press. Originally trained as a lawyer, he has observed the retail market industry for 20 years whilst at Barclays Stockbrokers and developed a unique understanding of the market's roles and benefits for the private investor. Justin provides financial advice to clients of Kester Cunningham John Financial Planning LLP.
So what would you do with US$3 trillion? Or more to the point what could the Chinese do with their reserves which currently stand at just a few million over this huge number? What could this buy you? Approximately 13 years of oil supply, or the USA's 10 biggest listed companies, or even the entire make up of the Nikkei 225, with $30bn left over.
There has been much talk of the need for this nation to recycle its reserves, but to a great extent it already has. After all, China has been one of the largest purchasers of US treasuries. However, this begs the question what happens if they want to recycle these reserves again |
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