Solid foreign reserves are basis of China’s resilience (Global Times)

China’s foreign exchange reserves rose by $3.5 billion in August to $3.1072 trillion. Economists polled by Reuters had expected that reserves would fall from July. The increase in August suggested China is doing better than expected at hedging against financial risks.

http://www.globaltimes.cn/content/1163993.shtml

By Hu Weijia

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