Text

Physicist, Startup Founder, Blogger, Dad

Friday, July 08, 2005

Our Asian creditors

Worldwide reserve holdings from Bloomberg. Note the rapid rate of reserve accumulation by China, Taiwan and Korea. Acquisitions like Lenovo-IBM PC, Haier-Maytag and CNOOC-Unocal are just the beginning. It's unrealistic to think our creditors would be happy just holding our bonds. Why shouldn't they diversify into other assets?

Current holdings | Percentage of Total | YOY growth
===================================
Worldwide $3,816.57 | 100% | 17.9%
------------------------------------------------
Japan $824.97 | 21.6% | 3.3%
China $691.00 | 18.1% | 50.7%
Taiwan $253.62 | 6.6% | 10.2%
Korea $206.38 | 5.4% | 26.1%
Eurosystem $178.95 | 4.7% | 1.5%

No comments:

Blog Archive

Labels