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Finance

Fortress Europe can't keep out China

By Stewart Fleming  -  23.11.2006 / 00:00 CET
One thousand billion is a very big number. In dollars it is about one-tenth of the eurozone's annual output. It is also equivalent to 40% of China's gross domestic product and happens to be the value of the foreign exchange reserves which China says it has now amassed, the world's biggest stock.

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