Managing China's forex reserves

This article from The Star Online, published Friday 4 August, looks at the appropriate level for China's increasing foreign exchange reserves which will soon hit the US$1 trillion mark.

According to the article, the reaching of this milestone will represent a triumph of the People's Bank of China's longstanding position of "the more foreign exchange reserves the better".

"The maintenance of high reserves comes at huge cost that China can ill-afford, the article says, and this part of national

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

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

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account