Is a monster hit this year for Eva Simmons. Bludfire in RASTA means HELL .
China might be feeling just like that, when it checks it's reserve balance, which is flashing that middle kingdom have blown US$1 TRILLION in 17 months , largely to defend the YUAN.
That has pushed reservers down to US$3.05 Trillion, its lowest level since March 2011.
Bludfire indeed, as Japan has emerged as the largest holders of US Government debt, taking over from China.
A monthly Treasury Department report showed China held US$1.12 trillion in U.S. government bonds, notes and bills in October.
The portfolio of Japan stood at US$1.13 trillion, according to the data.
