The Business Times
business-time-50
SUBSCRIBERS

What if China's forex reserves keep shrinking?

Beijing working hard to curb capital outflows spurred by slowing growth

google-preferred-sourceAdd BT as a preferred source
Published Wed, Feb 8, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Beijing

CHINA'S cash stockpile fell last month to just below US$3 trillion, its lowest level since 2008 at the height of the global financial crisis and a trillion dollars down from its record high seen in mid-2014.

The figure is still more than double second-placed Japan's US$1.2 trillion and larger than the gross domestic product of Britain.

Yuan

Share with us your feedback on BT's products and services

Feedback

TRENDING NOW

DBS filed the bankruptcy application after serving statutory demands to the directors of Autobahn Rent A Car in December 2025.

Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS

While residential property has delivered solid gains, observers say other assets such as equities often outpace it over the longer term.

Higher costs, lower returns: Why are Singaporeans still betting on real estate?

Eu Yan Sang group chairman Richard Eu has been with the company since 1989 and has seen plenty of change over the years, such as how employees view their jobs.

Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant

Loyang Valley sits on a 840,648 sq ft plot of land, which now houses 362 apartments.

Loyang Valley sold for S$880 million to SingHaiyi-led consortium

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More