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China's productive system draws upon the other East Asian countries to a great extent. The volume of trade is much larger than the net amount being exported from China. China needs substantial reserves to finance all that.

Milton Friedman

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Milton Friedman
Age: 94 †
Born: 1912
Born: July 31
Died: 2006
Died: November 16
Economist
Essayist
Statistician
University Teacher
Writer
Brooklyn
New York
Milton Fridman
Much
Countries
Volume
Trade
Finance
Amount
Larger
System
Extent
Upon
Productive
Exported
Country
Draws
Substantial
Great
East
Reserves
Needs
China
Asian

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