Growing parts, components trade helps East Asia forex

The China Post - The growing trade in manufactured parts and components is helping East Asia weather the strengthening of regional currencies while inducing greater economic integration, an Asian Development Bank report said Monday. Full Story

China's forex not invested in subprimes

The China Post - None of China's US$1.3 trillion in foreign reserves are invested in the U.S. subprime mortgage industry which in recent weeks has bruised global markets, state press reported Tuesday. Full Story