Relevant:
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- Zhou Says $3 Trillion China Reserves Have Risen Beyond ‘Reasonable' Level
- Is China Preparing To Divest Its $630 Billion In Eurozone Bond Holdings?
- China's financial clout locks in energy supplies
- China should significantly boost gold in reserves
2011-04-25 — zerohedge.com
``Xia Bin, a member of the monetary policy committee of the central bank, said on Tuesday that 1 trillion U.S. dollars would be sufficient. He added that China should invest its foreign exchange reserves more strategically, using them to acquire resources and technology needed for the real economy.''
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