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China may stop accumulating forex reserves: economists
Add BT as a preferred sourcePublished Mon, Jan 12, 2015 · 09:50 PM
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Beijing
CHINA'S generation-long accumulation of foreign exchange reserves may be at an end, reshaping monetary policy and eroding a source of demand for US Treasuries.
China's stockpile, the world's largest since 2006, will be US$3.5 trillion to US$4 trillion or lower at the end of 2015, according to 12 of 18 economists in a Bloomberg survey. Eleven said the US$3.99 trillion posted on June 30 was the peak.
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