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The real reason to worry about China's forex reserves

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China's giant foreign exchange hoard just got a bit smaller. A US$94 billion decline in August - the biggest absolute drop on record - shrank the country's reserves of US dollars and other currencies to US$3.56 trillion.

CHINA'S giant foreign exchange hoard just got a bit smaller. A US$94 billion decline in August - the biggest absolute drop on record - shrank the country's reserves of US dollars and other currencies to US$3.56 trillion. The outflows have raised concerns about capital flight in the wake of China