Wen: China's forex reserves 'largely safe'

By Xin Zhiming (chinadaily.com.cn)
Updated: 2009-03-13 11:43

Premier Wen Jiabao said today that China's foreign exchange reserves are "largely safe".

By the end of last year, China had piled up a total of $1.95 trillion worth foreign exchange reserves. Wen said it would be used in a diversified way, mainly in foreign investment and trade.