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2009-02-09 | All chapters

China’s foreign reserve expansion slows

 

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http://www.ft.com/cms/s/0/e1a81054-e32b-11dd-a5cf-0000779fd2ac,dwp_uuid=9c33700c-4c86-11da-89df-0000779e2340.html?nclick_check=1

 

The spectacular growth in China’s foreign currency reserves appears to have ended, say economists, after the inflow of speculative “hot money” started to seep out of the economy in the fourth quarter of last year.