Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 474 Sun. September 25, 2005  
   
Business


China's forex reserves up


China's foreign exchange reserves rose by more than $10 billion in August, a senior official of the ruling Communist Party said.

A good chunk of the reserves is invested in US government securities but Zheng Xinli, deputy head of the party's Central Policy Research Office, said China could put the money to better use.