摘要
In view of China’s disadvantages in the fields of science and technology and finance,the Chinese government should take a long-term view and restrain from overreaction,so as to create a long-term stable and relaxed international environment for China’s development.In the short term,China’s foreign exchange reserves management should maintain a low-key profile in its investment behaviors.China should not significantly reduce the amount of U.S.treasury bonds held to avoid becoming a target of international market attention.In the medium term,China should reassess the investment returns and risks of the U.S.market,and resolutely promote the diversification of foreign exchange reserve assets,as well as to optimize the currency structure and regional distribution of reserve assets based on the situation of Chinese economy.
