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As China’s foreign exchange (forex) reserves exceeded$1 trillion in early November, much debate exists about thepossible impacts of this ballooning wealth on China’s economyand how to properly manage
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As China’s foreign exchange (forex) reserves exceeded$1 trillion in early November, much debate exists about thepossible impacts of this ballooning wealth on China’s economyand how to properly manage it.In two separate articles carriedin People’s Daily Online,Zhong Wei,a professor at theFinancial Research Center in Beijing Normal University,andZhao Xijun,Vice President of the School of Finance of RenminUniversity of China,contribute their ideas.
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