China’s forex reserves reached US$3.05 trillion at the end of May, up US$24 billion from a month earlier. Photo: Reuters

China’s forex reserves hit a seven-month high

Curbs on capital outflows and weaker US dollar sees reserves increase for a fourth straight month

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China’s forex reserves reached US$3.05 trillion at the end of May, up US$24 billion from a month earlier. Photo: Reuters
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