e-magazine
The Hot Zone
China's newly announced air defense identification zone over the East China Sea aims to shore up national security
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Weekly Watch
Expert's View
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Expat's Eye
Health
Science/Technology
Lifestyle
Books
Movies
Backgrounders
Special
Photo Gallery
Blogs
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links

cheap eyeglasses
Market Avenue
eBeijing

Meeting the Press
Cover Stories Series 2011> NPC & CPPCC Sessions Wrap-Up> Meeting the Press
UPDATED: March 20, 2011 NO. 12 MARCH 24, 2011
Top Bankers Discuss Monetary Issues
Share

Diversified reserves

Yi Gang: China's foreign exchange reserves have grown rapidly to the point where it is the largest in the world today. We have been diversifying our foreign exchange reserves.

In terms of currencies, China holds foreign exchange reserves in a currency basket, including major convertible currencies, reserve currencies and emerging market currencies. In terms of the varieties of assets, only if the assets conform to the requirements of safety, liquidity and rate of return, will China consider investing with strict requirements meant to prevent risks.

China will consider U.S. treasury bonds, gold and other kinds of reserves to diversify its foreign exchange reserves, but the investment will be made prudently after measuring the safety, market prospect and rate of return of various assets.

Such a diversified composition has actually ensured the safety and stable returns of our foreign exchange reserve assets.

   Previous   1   2   3   4   5   6   Next  



 
Top Story
-Protecting Ocean Rights
-Partners in Defense
-Fighting HIV+'s Stigma
-HIV: Privacy VS. Protection
-Setting the Tone
Related Stories
-Setting Out Strategies for the Future Economy
-New Plan Presents New Hope
-Lending a Hand to SMEs
 
Most Popular
 
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved