Large forex reserves do more good than harm
15th Nov 2006, 03:08 GMT
China's foreign exchange reserves (forex) have exceeded 1 trillion US dollars, which is not only a record in China, but the world. The world has been shocked by China's ever-expanding foreign exchange reserves, and some Chinese economists also believe that excessive reserves might create problems. Are China's enormous foreign exchange reserves a good or a bad thing? What does this mean for the country?
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