Reserve diversification

REAL-LIFE PROBLEMS, INNOVATIVE SOLUTIONS

Background

Since the start of April, there has been a steadily rising tide of comment from senior Chinese officials on the topic of reserve diversification. With their reserves increasing by $20.35 billion a month on average and with the benchmark $1 trillion total comfortably in sight, such discussions cannot be ignored.

Looking at the myriad comments – both from officials at the People's Bank of China (PBoC) and the State Administration of Foreign Exchange (Safe)) as well as from top planning

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