CHINA TOPIX

China's Foreign Reserve Continues to Drop - September Balance Now at $3.5 Trillion

Benjie Batanes   |

Oct 07, 2015 09:42 AM EDT

China's central bank announced on Wednesday that its foreign reserve has dropped even further to around $3.5 trillion. Chinese monetary authorities and outside observers have pointed to several factors as the reasons behind the continuous flight of foreign currency out of the country.