TOPIC: Tools » Institutions » National » China » Dom. Policies » Economy
Category
articles
Date
2009-07-15
Actor
Bloomberg News
Source
Bloomberg
Uploaded date
2009-01-01
Uploaded by

China’s Foreign-Exchange Reserves Surge, Exceeding $2 Trillion

"China’s foreign-exchange reserves, the world’s biggest, topped $2 trillion for the first time as the nation’s economic recovery prompted overseas investors to pump money into stocks and property. The reserves rose a record $178 billion in the second quarter to $2.132 trillion, the People’s Bank of China said today on its Web site. That dwarfs a $7.7 billion gain in the previous three months." (Quoted from article)

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