The rise in Chinese foreign exchange reserves last year was mainly the result of trade and direct investment inflows, Guan Tao, head of the international payments department at the State Administration of Foreign Exchange a regulator said on Wednesday at a forum in Beijing.
Chinese exchange reserves jumped by a record $199 billion in the fourth quarter last year.
Source:China Daily
Chinese exchange reserves jumped by a record $199 billion in the fourth quarter last year.
Source:China Daily
