China forex reserves expected to surpass Japan's

China's forex reserves are expected to surpass Japan's this year as strong fund inflows and a burgeoning trade surplus make it the world's largest holder of foreign currency, state press reported.

"At this speed, our foreign reserves are likely to exceed Japan's," Ba Shusong, a top official with the Financial Research Institute under the State Council's Development Research Center, was cited as saying by the China Securities Journal.

At the end of September China's foreign reserves rose 15.8 bi

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: