By the end of 2014, US dollar assets accounted for 58 per cent of China’s total reserves, down from 79 per cent in 2005. Photo: AP By the end of 2014, US dollar assets accounted for 58 per cent of China’s total reserves, down from 79 per cent in 2005. Photo: AP
By the end of 2014, US dollar assets accounted for 58 per cent of China’s total reserves, down from 79 per cent in 2005. Photo: AP
Economy /  China Economy

China gives up two of its best-kept forex reserve secrets

  • The country’s holdings of foreign currency generated an annual average return of 3.68 per cent from 2005 to 2014
  • By the end of 2014, US dollar assets accounted for 58 per cent of China’s total foreign exchange reserves, down from 79 per cent in 2005

Topic |   China economy
Zhou Xin
Zhou Xin

Updated: 11:28pm, 29 Jul, 2019

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By the end of 2014, US dollar assets accounted for 58 per cent of China’s total reserves, down from 79 per cent in 2005. Photo: AP By the end of 2014, US dollar assets accounted for 58 per cent of China’s total reserves, down from 79 per cent in 2005. Photo: AP
By the end of 2014, US dollar assets accounted for 58 per cent of China’s total reserves, down from 79 per cent in 2005. Photo: AP
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