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A recent IMF study points out that China's $3 trillion foreign exchange reserves are twice what China needs for traditional purposes such as supporting the economy in a financial crisis. According to China's central bank governor these reserves are making it difficult to control inflation. Experts also say this makes little sense for a developing country with low percapita incomes. Most of this money is invested in U.S. Treasury securities and is not put to productive uses.
Grouped Articles
China’s Economic Problems Unlike Those Elsewhere
New York Times 05/28/2013
China Keeps On Gobbling Up Treasurys
Wall Street Journal 07/16/2013
China Inflation Rises to a 19-Month High
New York Times 06/11/2010
A Top Manager Resigns from Foreign Exchange Agency
New York Times 01/28/2014
Wall Street Journal 08/25/2015
China’s Forex Reserves Fall by Record $93.9 Billion on Yuan Intervention
Wall Street Journal 09/08/2015
Investments overseas by Chinese companies and the China Investment Corporation using China's large foreign exchange reserves.
Grouped Articles
Chinese Car Maker's Favorite Passenger: Uncle Sam
Wall Street Journal 04/29/2013
China's Shuanghui to Buy Smithfield Foods
Wall Street Journal 05/29/2013
Morgan Stanley to Help Finance Shuanghui Bid
Wall Street Journal 05/30/2013
The Smithfield Deal: China Bringing Home the American Bacon
Wall Street Journal 05/29/2013
China Brings Home the U.S. Bacon
Wall Street Journal 05/29/2013
Smithfield Deal: Past Chinese Acquisitions Bode Well
Wall Street Journal 05/30/2013
Grouped Articles
Brawny Yuan Stands Apart from the Crowd
Wall Street Journal 12/10/2013
Yuan Faces International Trade Headwinds
Wall Street Journal 03/25/2015
Wall Street Journal 09/01/2015
IMF Lifts Chinese Yuan to Elite Lending-Reserve Currency Status
Wall Street Journal 11/30/2015
China Steps Up, but Its Currency Still Has Dues to Pay
New York Times 12/05/2015
China Stumbles in Yuan Grand Plan
Wall Street Journal 07/15/2011
China's sovereign wealth fund with about $70 billion of the $200 billion in the fund allocated for foreign investments mostly of the portfolio kind.
Grouped Articles
Chinaâs Sovereign Wealth Fund Buys Shares in Major Banks
New York Times 10/10/2011
Low-Key Politician to Take Helm of China's $500 Billion Fund
Wall Street Journal 07/01/2013
Economist 08/21/2010
Central Huijin Raises $7.94 Billion in Bond Sale
Wall Street Journal 08/26/2010
China Fund Shifts Focus From Energy
Wall Street Journal 02/19/2014
China’s CIC Gearing Up Investment in Overseas Assets
Wall Street Journal 03/29/2015
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