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Wednesday, August 07, 2013
China's Top Design of Foreign Reserve Operation Might Change
ANBOUND

There are signs to show that the top design of China's foreign reserve operation is likely to significantly change. Improving the value of foreign reserve will be emphasized through specialized operation. Now the central bank is considering setting a new department to execute the foreign reserve investment plan. The question is whether the new department will be under the central bank’s supervision or operate independently. Information reveals that the central leaders have already blamed the operation of CIC.

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