China Dollar FX Reserve The Mother of All Bubbles ?

China's Foreign Currency Reserves May Be Big Bubble

Could China's Foreign Currency Reserve be The Mother of All Bubbles ? China's biggest bubble ever ? China has 2.4 trillion of foreign reserves and it was growing exponentially these last year , matter of fact last year alone it grow by the equivalent of the entire GDP of the country of Norway !!! it all comes from direct investments into China as well as growing exports ...China has mountains of FX reserves and two third of them are in US Dollars , simply because there is no other market deep enough to hold this massive reserves says bloomberg commentator ...Forecasters say expect more pressure on the Euro this PIIGS situation is not going away any time soon ....Feb. 8 (Bloomberg) -- Bloomberg's Sarah Eisen reports on the massive growth of China's foreign currency reserves. (Source: Bloomberg) China's Foreign Currency Reserves May Be Big Liability

China bans Eating Dogs and Cats Meat

China ban on pet dog meat draw angry outcry

The Chinese government is considering taking meat from pet animals off menus across the country, raising concerns among dog farmers who have relied on the industry for generations.

The draft proposal to ban dog and cat meat has drawn an angry outcry from regions where the dish is popular.

Opponents say the ban would destroy local culinary traditions.

Al Jazeera's Melissa Chan reports from Jiangsu province in eastern China. (Feb 08, 2010)

China Ban on Eating Cats and Dog Praised

Animal rights activists in Seoul gather to praise China's ban on eating cats and dogs.