Euro's attractiveness as reserve declining
By Wei Tian | China Daily | Updated: 2012-02-09 07:55
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Data from the State Administration of Foreign Exchange show that China's foreign-exchange reserves stood at $3.18 trillion at the end of 2011, with about one-fifth believed to be in euro-denominated assets. Tomohiro Ohsumi / Bloomberg |
Nations looking to diversify not likely to turn to EFSF, Fitch says
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