China and European Union flags: But if the euro’s survival looks in doubt, protecting China’s 3 trillion dollar official currency reserves from any subsequent exchange rate fall-out is paramount, said David Brown. Photo: SCMP
David Brown
Opinion

Opinion

Macroscope by David Brown

China has too much to lose from a messy European bust-up

China’s currency reserve managers would do well to begin early preventative measures

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China and European Union flags: But if the euro’s survival looks in doubt, protecting China’s 3 trillion dollar official currency reserves from any subsequent exchange rate fall-out is paramount, said David Brown. Photo: SCMP
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