摘要
As China’s foreign exchange (forex) reserves exceeded $1 trillion in early November, much debate exists about the possible impacts of this ballooning wealth on China’s economy and how to properly manage it. In two separate articles carried in People’s Daily Online, Zhong Wei, a professor at the Financial Research Center in Beijing Normal University, and Zhao Xijun, Vice President of the School of Finance of Renmin University of China, contribute their ideas.
As China’s foreign exchange (forex) reserves exceeded $1 trillion in early November, much debate exists about the possible impacts of this ballooning wealth on China’s economy and how to properly manage it. In two separate articles carried in People’s Daily Online, Zhong Wei, a professor at the Financial Research Center in Beijing Normal University, and Zhao Xijun, Vice President of the School of Finance of Renmin University of China, contribute their ideas.
