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

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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