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.
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.
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.