Zhou says China to stop accumulating reserves

China will stop increasing its huge foreign exchange reserves, People's Bank of China governor Zhou Xiaochuan said in an interview published Tuesday 20 March.

"Many people say that foreign exchange reserves in China are (already) large enough," Zhou told the Emerging Markets magazine, whose latest issue was released at a meeting of the Inter-American Development Bank in Guatemala.

"We do not intend to go further and accumulate reserves," Zhou said, adding the government will "cut a small piece

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