Expert: Trade momentum buoyed China's forex reserves in July

Download

05:42

China's foreign exchange reserves rose to over 3.1 trillion U.S. dollars in July, up by nearly 32 billion U.S. dollars or 1.07%, from the level in June, according to data from the State Administration of Foreign Exchange. CGTN anchor Guan Xin spoke to Theodore Shou, Chief Investment Officer of Skybound Capital, to understand the reasons for the steady growth in China's forex reserves.

Open in CGTN APP for better experience

Search Trends