{
  "id": "RS22921",
  "type": "CRS Report",
  "typeId": "REPORTS",
  "number": "RS22921",
  "active": false,
  "source": "EveryCRSReport.com",
  "versions": [
    {
      "source": "EveryCRSReport.com",
      "id": 345699,
      "date": "2008-07-21",
      "retrieved": "2016-04-07T03:17:04.839177",
      "title": "China\u2019s \u201cHot Money\u201d Problems",
      "summary": "China has experienced a sharp rise in the inflow of so-called \u201chot money,\u201d foreign capital entering the country supposedly seeking short-term profits, especially in 2008. Chinese estimates of the amount of \u201chot money\u201d in China vary from $500 billion to $1.75 trillion. The influx of \u201chot money\u201d is contributing to China\u2019s already existing problems with inflation. Efforts to reduce the inflationary effects of \u201chot money\u201d may accelerate the inflow, while actions to reduce the inflow of \u201chot money\u201d may threaten China\u2019s economic growth, as well as have negative consequences for the U.S. and global economy. This report will be updated as circumstances warrant.",
      "type": "CRS Report",
      "typeId": "REPORTS",
      "active": false,
      "formats": [
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          "encoding": "utf-8",
          "url": "http://www.crs.gov/Reports/RS22921",
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      "topics": []
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  "topics": []
}