Total market cap for the S & P 500 is approximately 8.3 trillion which represents about 70-75% of NYSE market cap.
Total foreign currency reserves of China is just over 1.9 trillion. To think that China could purchase almost 17% of NYSE companies is mind boggling. Not that Congress would allow it, but...
Total foreign currency reserves of China is just over 1.9 trillion. To think that China could purchase almost 17% of NYSE companies is mind boggling. Not that Congress would allow it, but...
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