中国拓宽外汇储备使用渠道
The consecutive decline of the China forex reserve shows that China has widened the channel for using its forex reserve, and vitalized its huge financial assets.
According to an estimate by the American Treasury, China's capital outflow in the first eight months exceeded 500 billion US dollars, and the figure in August alone reached a record 200 billion dollars.
Despite concerns from the market, some analysts say the rate of decrease of the forex reserve in September was obviously lower than that in August, and the rate will be slower in the future.
Analysts say China is working on transferring the forex reserve by the central bank to private holdings, and the decline of the central bank's forex reserve shows an increase of forex holding by the private sector.
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