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China: Take a Bath in Foreign Exchange Reserve

2008-09-01LiZhen

China’s foreign Trade 2008年13期

Li Zhen

Foreign exchange reserves reacheda new high

According to the latest report,China's foreign exchange reserves rose toUS$1.76 trillion by the end of April, high-er than the rest Northeast Asian countriescombined together. China's reserves hasalready become the largest in the world,expanded by another US$74.5 billion dur-ing April, which means it increased byUS$100 million every hour.


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