2007•Journal of Guizhou University of TechnologyRequires access

Influences of Ever-increasing Foreign Exchange Reserves on China's Economic Development

Ren Xiao-li

Abstract

China's foreign exchange reserves have kept increasing since the unification of exchange rates in 1994 and the reform of exchange rate regime in 2005.This article,based on the current situation and characteristics of China's foreign exchange reserves,analyzes the influence of ever-increasing foreign exchange reserves on China's economic development and puts forward some suggestions.

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Key concepts: Foreign-exchange reserves, China, Exchange rate, Foreign exchange, Economics, Unification, International economics, Sterilization (economics)