Achilles' Heel of China's Foreign Currency Reserves

By He Qinglian on January 14, 2016
Source article in Chinese: 中国外储的阿喀琉斯之踵何在?

Right at the very beginning of 2016, the way the Chinese government manages the country’s stock market and currency exchange market has drawn a chorus of criticism. In response, the Chinese government announced the suspension of the “circuit breaker” of the stock market, and, at the same time, steps up its control over the currency exchange market.