Reserve management in China: foreign reserves, renminbi internationalisation and beyond

Hui Feng

China’s foreign exchange reserves and reserve management were the focus for considerable and sustained political attention and economic analysis during the first decade of the 21st Century. This was a period that saw a phenomenal increase in the level of foreign reserves, a growth unprecedented in economic history. Although Beijing’s reserves stock has fallen by almost a quarter in recent years, China remains the biggest holder of foreign exchange reserves in the world by a significant margin. At the same time, and this again was a move of considerable historical importance, the Chinese

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

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 individual account