Head of PBOC says China’s reserve growth not desirable
Zhou Xiaochuan, China’s central bank governor, has said the rate of growth in China’s foreign exchange reserves is unsustainable, but the country cannot significantly change its policy because of uncertainties in the global economy.
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