Business and Capital Market Analysis !!!

According to the data that was launched by the China Central Bank or People's Bank of China as being quoted from the AFP, on Tuesday (14/10/2008), the figure meant to jump to 32.9% compared with last year and will rise 25% compared with late 2007. However the growth year on year this still was lower compared with the rise as far as 40% that was printed in the quarter I-2008, together with the slowing down of the growth of global economics.

The China position as the owner of the biggest foreign exchange reserve the world apparently was not yet overcome. Was based on the data that was quoted from Reuters, China increasingly moved further away from Japan that was in the 2nd place. Along with the portion of the foreign exchange reserve plus biggest the world per late August 2008, as being quoted from Reuters.

1. China US$ 1,808.8 billion
2. Japan US$ 996.7 billion
3. Russia US$ 582.2 billion
4. India US$ 295.3 billion
5. South Korea US$ 243.3 billion
6. Brazil US$ 205.1 billion
7. Singapore US$ 170.1 billion
8. Hong Kong US$ 158.1 billion
9. Germany US$ 153 billion
10. France US$ 144.8 billion
11. Malaysia US$ 130.5 billion
12. Italia US$ 104.5 billion
13. Thailand US$ 101.3 billion
14. Poland US$ 81.6 billion
15. Turki US$ 79.1 billion
16. Swiss US$ 75.8 billion
17. The United States US$ 72.5 billion
18. England US$ 72.1 billion.

While the Indonesian foreign exchange reserve will per late August be recorded US$ 58.356 billion.

The world foreign exchange reserve at the end the quarter II-2008 was recorded went upwards through to US$ 4.4 trillion, from only US$ 1.5 trillion in the beginning of the decade.