China's reserves making 'impressive' return

The return on investment from China's forex reserves is "impressive", a former central bank official was quoted as saying in the official Shanghai Securities News.

Discussing China's overseas investment returns, Li Yang, an economist with the Chinese Academy of Social Sciences and a former member of the monetary policy committee of the central bank, said "the return on China's forex reserves is impressive."

He was quoted as saying that the investment return item on China's balance of payments i

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