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<p>[QUOTE=&quot;desertgem, post: 1275624, member: 15199&quot;]I certainly don&#039;t know, nor does anyone else not strongly involved in the communist party or their central bank. I don&#039;t doubt it though, as I would if I were their boss.&nbsp; Over the years of controlling their currency valuation, they have driven tremendous exports, returning huge amounts of USD. Now that the USD has been&nbsp; getting stronger, it is reasonable to &quot;sell&quot; trade some off for Euros, Aussie, Brazilian, Russian , all of the currencies that are dirt cheap in a very long term view, which the Chinese tend to be. They will continue to hold large amounts as they need specialized imports from the US and thus the need for the dollar. I assume you have read of the &quot;leaking&quot; economy starting to be revealed in China. I really expect myself ( IMO, and all other disclaimers) that they will eventually have as severe a problem with their banks and companies books. I do not believe the Chinese are &quot;selling&quot; USD due to weakness, just increasing their future influence over Europe and the emerging nations.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

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