Blame Capital Flight For China’s Biggest Ever Fall In Forex Reserves – Forbes
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Blame Capital Flight For China's Biggest Ever Fall In Forex Reserves
Forbes Zhu also attributed the outflow to policies of the People's Bank of China, the central bank, which had “deliberately reduced” its forex intervention since the middle of the year. Zhu is certainly right on the first count and may be correct on the … China Flinched |
