China won't cut dollar reserves - PBOC's Zhou

People's Bank of China governor Zhou Xiaochuan said in an interview that the country will not reduce its US dollar foreign exchange assets but intends to adjust the mix of its reserves.

'Some people worry that the central bank will reduce its overall US dollar (reserve) holdings, but that's not going to happen,' Zhou Xiaochuan, the governor of the People's Bank of China, was quoted as saying by the official Shanghai Securities News.

'China's foreign exchange reserves management until today has

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