China’s FX reserve managers defend their record – Reuters
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China's FX reserve managers defend their record
Reuters BEIJING, July 6 (Reuters) – The managers of China's hoard of currency reserves defended their investment record on Tuesday, saying they had avoided big losses during the global crisis and voicing confidence they could achieve stable long-term returns. … China: Forex holdings doing 'comparatively well' China SAFE: Confident Of Stable, Relatively Good Returns On FX Reserves China SAFE Says Dollar Drop Won't Cause Reserve Loss |