Foreign Exchange News
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China should use 'excess' forex reserves to buy strategic resources-researcher ...
30 Oct 2006
source:
iii.co.uk
BEIJING (XFN-ASIA) - China should let the finance ministry spend the nation's "excess" foreign exchange reserves to buy "strategic resources", or set up a special investment unit to do so, a government researcher suggested. Xia Bin, a researcher with the Development Research Center under the State Council, said at a conference yesterday that China's finance ministry should iss ... |
