China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
China May Only Have Another $700B To Prop Up The RMB
Aggregated Source: China Money Network
China's latest foreign reserve data highlights the risk the country's central bank faces: The longer the authorities try to keep the RMB from adjusting to market forces, the larger the eventual depreciation will be, says a research report by the Australia and New Zealand Banking Group Limited (ANZ). China’s forex reserves recorded a decline of […]


Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Original URL: Click here to visit original article
Copyright China Money Network