Relevant:
- China fears depreciation of $2.45 trillion of reserves still heavy in dollars
- China Finds $3 Trillion Just Doesn't Pack the Punch It Used To
- Zhou Says $3 Trillion China Reserves Have Risen Beyond ‘Reasonable' Level
- China Approaches Breaking Point in Liquid Forex Reserves
- Central banks to dump $1.5 trillion FX reserves by end-2016 -DeutscheBank
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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