Must Listen
- Satan's Ambition
- Counterfeit Christianity
- The Challenge Of Bible Christianity Today
- Three Men On The Mountain
- Greatest Single Issue of our Generation
- Bob Creel The Death Of A Nation
- Earth's Darkest Hour
- The Antichrist
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Must Read
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- The System of Babylon
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What Art Thinks
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- Persecution and Martyrdom
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- _Separation
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Pre-Millennialism
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Audio
- Satan's Ambition
- Counterfeit Christianity
- Three Things We All Must Do
- Two Coming Rulers
- Why No Joy
- Message Of Encouragement
- Greatest Single Issue of our Generation
- salvation.
Video
- One World Religion
- Atheism's Best Kept Secret
- Milk From Nothing
- Repentance and True Salvation
- Giana Jesson in Australia - Abortion Survivor - Pt. 1 & Pt 2
- Billy Graham Denies That Jesus Christ is the Only Way to the Father
- Emerging Church & Intersprituality Preview
- Israel, Islam and Armageddon 6 Parts
- Blasphemous Teachings of the 'emergent Church
- Megiddo 1 - the March to Armageddon
- It's Coming, the New World Order
- Creation Vs Evolution Part 1 of 4
- Creation Vs. Evolution Part 2 of 4
- Creation Vs. Evolution Part 3 of 4
- Creation Vs. Evolution Part 4 of 4
- Billy Graham Says Jesus Christ is not the Only Way
- Wide is the Gate
- A Debate: Mariology: Who is Mary According to Scripture?
- The Awful Reality of Hell
- Conception - How you are Born - Amazing
- Atheist's Best Kept Secret
- Why Kids are Becoming Obsessed With the Occult
- Searching the Truth Origins Preview 2
- Searching for Truth for Origens Preview 1
- Searching the Truth for Origins 3
- Emerging Church & the Road to Rome
- Another Jesus 1 of 7
- Another Jesus 3 of 7
- Another Jesus 4 of 7
- Another Jesus 5 of 7
- Gay Marriage is a Lie - to Destroy Marrriage
- Another Jesus 6 of 7
- Another Jesus 7 of 7
- Evolution Fact or Fiction - Part 1
- Evolution Fact or Fiction - Part 2
- Evolution Fact or Fiction - Part 3
- The Most Heartrending Abortion Testimony You ll Ever Hear, from a Former Abortionist
- Creation vs. Evolution
- A Lamp in the Dark: Untold History of the Bible - Full Documentary
- When the Trumpet of the Lord Shall Sound
Special Interest
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- Destruction of Damascus?
- Peace and Safety?
- The Emerging Church
- The Growing Evangelical Apostasy
- The State of the Church
- Child Sacrifice
- Outside the Camp
- The Church Walking With The World
- The Present Apostasy
- The World is to Blame
- How to Give Assurance of Salvation Without Conversion
- New Evagelicalism
- New Neutralism Ch. 1 - 3
- New Neutralism Ch 10-11
- New Neutralism Ch 12-13
- New Neutralism Ch 4 -6
- New Neutralism Ch 7 - 9
- The Danger of the Philosophy of New Evangelical Positivism
- Who Do Jehovah's Witnesses Say Jesus Is?
- A Dilemma of Deception: Erwin McManus 'Barbarian Way'
- Are We Fundamentalist
- Contemporary Christian Music Sways Youth to Worldly Lifestyles, Doctrinal Confusion
- The Seventh Commandment
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- Christ Died on Thursday
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- New Age Inroads Into the Church
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- The Old Cross and the New
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- The Goal is to Destroy all Culture and the Constitution
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- The Eigtht Commandment
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- Scholars Trying to Redefine Inerrancy
- In Jesus Calling: Jesus Contradicts Himself
- Jesus Calling Devotional Bible? Putting Words in Jesus Mouth and in the Bible
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- Creation Vs. Evolution: Could the Immune System Evolve?
- Cessationism
- Was Noah's Flood Global or Local?
- Isn't Halloween Just Harmless Fun?
- Rock Music and Insanity (Excerpts)
- Preview of the Coming of the One World Religion for Peace:
- Muslims Invoke the Name of Jesus?
- A Sin Problem Rather Than a Skin Problem
- Scientific Evidence for the Flood
- Another Step to Rebuilding the Temple - Holy of Holies Veil Being Recreated
- Darwin's Errors Pt. 1
- Eastern Mysticism
- George Muller's rules for discerning the will of God
- The Tract
- The Church and the World Deceived
- Ye Must Be Born Again
- The Call of Abraham
Daily News
7067
“China's foreign reserves top $2tn”
by BBCNews
July 15th, 2009
by BBCNews
July 15th, 2009
China's foreign exchange reserves, the world's largest, have surpassed $2 trillion (£1.2tn), the country's central bank has said.
Currency reserves rose 17.8% from June 2008 to a record $2.13tn. Its currency stockpile is twice the size of Japan's - the second-biggest holder.
The reserves rose as foreign investment flowed back into China
The People's Bank of China buys many of the dollars entering China to prevent its exchange rate from increasing.
BBC business editor Robert Peston says that the primary cause of China's ballooning foreign currency reserves on this occasion is not the surplus of China's exports over its imports.
He says it is the result of overseas investors identifying China as the strongest of the world's major economies and pouring money into property and shares.
China's main stock index, the Shanghai Composite Index, has jumped by 74% this year.
Dollar dominance
The bulk of China's foreign currency reserves are in dollars - mainly US government debt.
The country's leaders have expressed concern about the stability of the US dollar and have called for the creation of a new international reserve currency.
They fear the dollar could weaken as the financial crisis takes its toll and undermine the value of China's vast holdings of US government debt.
