Chinese Expert Highlights Targeted Measures to Optimize...
China News
June 8, 2023
Zhou Mi, a senior research fellow of the Chinese Academy of International Trade and Economic Cooperation, explained the contributing factors to the 0.9 percent slip in China's foreign exchange reserves in May compared to April. Zhou said the U.S. dollar index rose and prices of global financial assets fluctuated last month, affected by the fiscal and monetary policy expectations of major economies, as well as global macroeconomic data.