Forex Reserves Approach $3.7 Trillion
China's foreign exchange reserves totaled $3.66 trillion at the end of September 2013, rising from $3.5 trillion 3 months earlier, according to the People's Bank of China. The amount beat expectations of $3.52 trillion.

Local Governments Owe Up to 24 Trillion Yuan: Standard Chartered
The size of China's local government debts ranges from 21.9 trillion yuan to 24.4 trillion yuan, Standard Chartered said in a report. The National Audit Office in August began its first ever investigation into local government debts, and the results are expected to be released by the end of October.

You are currently reading words of total words in this article.
To continue reading this article, you must be a subscriber. Log in now..

Finish this article for free.
@2017 China Economy @ China Perspective.
All Right Reserved.
Server SSL Certificate