China's Foreign Exchange Reserves Have Risen For 11 Months.

- Jan 10, 2018-


Date 7th the people's bank of China, according to data released in late December 2017, the $3.14 trillion in foreign exchange reserves, a $20.7 billion increase over the end of November, rose 0.66%, rally for 11 months in a row.From the year of 2017, China's foreign exchange reserves have recovered steadily from January to under $3 trillion. At the end of this year, China's foreign exchange reserves rose more than $120 billion, or more than 4%, from the beginning of the year.This is mainly due to the fact that China's macro-economic operation has been in a stable and favorable position in 2017, and it has promoted a more stable balance of cross-border capital flows.——