Home  Contact Us
  Follow Us On:
 
Search:
Advertising Advertising Free Newsletter Free E-Newsletter
NEWS

China Forex reserves top 2 trillion USD
Published on: 2008-11-28
Share to
User Rating: / 0
PoorBest 


 
China’s foreign-exchange reserves topped 2 trillion USD for the first time, strengthening the nation’s finances as the government boosts spending and cuts interest rates to counter the financial crisis. National Bureau of Statistics chief economist Yao Jingyuan cited the increase at a forum in Beijing on Thursday, without giving an exact number. Trade surpluses helped to swell the reserves to 1.9 trillion USD at the end of September, according to the central bank.
Comments (0)Add Comment

Write comment

security code
Write the displayed characters


busy
    Subscription    |     Advertising    |     Contact Us    |
Address: Magnetic Plaza, Building A4, 6th Floor, Binshui Xi Dao.
Nankai District. 300381 TIANJIN. PR CHINA
Tel: +86 22 23917700
E-mail: webmaster@businesstianjin.com
Copyright 2024 BusinessTianjin.com. All rights reserved.