China's mushrooming forex reserve

This article published by Asia Times Online on Tuesday 19 September says that although massive levels of foreign exchange reserves represent the strength of an economy, it brings more problems than benefits.

"At present, two main problems faced by the Chinese government are how to curb the overheating growth of foreign exchange and how to make good use of it," it says.

"What is more important is to perfect the forming mechanism of the foreign-exchange rate in China to reinforce the flexibility of

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