China will have to stick with dollar assets…for now
The US credit-rating downgrade will place more pressure on China to speed up diversification of its US$3.2 trillion foreign exchange reserves, but Beijing has little options for the time being.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts