Chinese Foreign Exchange Reserves
China’s Forex Reserve Plunges to 3 Year Low, Shrinks to US$3.23 Trillion
| Girish Shetti | | Feb 08, 2016 06:34 AM EST |
To cope with the effects of the economic slowdown, the Chinese government has cashed in on its vast foreign exchange reserves to rescue the falling currency and curtail capital outflow overseas.
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