China's foreign exchange reserves hit US$818.9 billion at the end of last year, but they should not exceed US$250 billion.
China's foreign exchange reserves hit $818.9 billion at the end of last year, but they should not exceed $250 billion.
China's foreign exchange reserve hit 818.9 billion dollars at the end of last year but what China really needs should be no more than 250 billion dollars.
The government should take measures to lower house prices.
The fees and high profits have pushed real estate running up.
The reserves are of significant importance to upgrade the China image in the international economic arena, strengthen the nation's macro-control capabilities and guard against financial risks.
The current ratio is appropriate. I expect it will decline further in the future. Last year's fast growth in fiscal revenue enabled the central government to cut the deficit.
The rise in foreign reserves demonstrates the strength of China's economy. But the extraordinary growth has also had some negative impact and brought with it foreign exchange rate risk.
