World’s largest forex reserves holder, China should use its huge foreign exchange reserves to expand investment in the agricultural sector overseas, according to a researcher with country’s Research Center For Rural Economy.
In an essay published in the state-owned Farmer's Daily, Chen Jie said this will help to increase domestic market supply. China's foreign exchange reserves to $3.04 trillion as of the end of March, with a substantial portion invested in U.S. Treasurys..............................................Full Article: Source
|