China gives up two of its best-kept foreign exchange reserves @ Forex Factory



Beijing has for the first time revealed its return on the investment of its foreign exchange reserves and the share of US dollars in the stock. China's foreign exchange reserves generated an annual average return of 3.68 percent from 2005 to 2014, according to the Annual Report of 2018 issued by the State Administration of Foreign Exchange (Safe) on Sunday. The agency did not give newer numbers. At the end of 2014, US dollar assets accounted for 58 percent of China's total foreign exchange reserves, down from 79 percent in 2005, the administration said, adding that the share of assets in the US currency was … ( full story )

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