Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
Keywords:
Foreign exchange intervention led to a decline in foreign currency reserves in August by $93.9 billion, according to the PBOC. An estimated 40% of the foreign currency reserves are in U.S. Treasurys.
Grouped Articles
China’s Forex Reserves Fall by Record $93.9 Billion on Yuan Intervention
Wall Street Journal 09/08/2015
China, Trying to Bolster Currency, Taps Foreign Reserves
New York Times 09/07/2015
Japanese Deflation Threat Hangs Over China
Wall Street Journal 11/20/2015
Confused by China’s Yuan? It’s Intentional
Wall Street Journal 01/15/2016
China’s Forex Reserves Plunge to More-Than-Three-Year Low
Wall Street Journal 02/08/2016
Wall Street Journal 02/08/2016
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
Grouped Articles
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
China, Trying to Bolster Currency, Taps Foreign Reserves
New York Times 09/07/2015
China’s Forex Reserves Plunge to More-Than-Three-Year Low
Wall Street Journal 02/08/2016
Wall Street Journal 02/08/2016
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1