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China's newly-added foreign exchange reserves since 2003 have lost about $271.1 billion by the end of 2010 as a result of the depreciation of the US dollar, an expert with the National Development and Reform Commission (NDRC) said recently.
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"This amount of loss cannot be offset by the country's overseas investment earnings," Zhang said.
Zhang urged the government to diversify the portfolio of foreign exchange reserves quickly.
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