8 Quotes by Xiao Zhuoji

  • Author Xiao Zhuoji
  • Quote

    China's foreign exchange reserves hit US$818.9 billion at the end of last year, but they should not exceed US$250 billion.

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  • Author Xiao Zhuoji
  • Quote

    China's foreign exchange reserves hit $818.9 billion at the end of last year, but they should not exceed $250 billion.

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  • Author Xiao Zhuoji
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    China's foreign exchange reserve hit 818.9 billion dollars at the end of last year but what China really needs should be no more than 250 billion dollars.

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  • Author Xiao Zhuoji
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    The rise in foreign reserves demonstrates the strength of China's economy. But the extraordinary growth has also had some negative impact and brought with it foreign exchange rate risk.

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  • Author Xiao Zhuoji
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    The reserves are of significant importance to upgrade the China image in the international economic arena, strengthen the nation's macro-control capabilities and guard against financial risks.

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  • Author Xiao Zhuoji
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    The current ratio is appropriate. I expect it will decline further in the future. Last year's fast growth in fiscal revenue enabled the central government to cut the deficit.

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