Thursday September 16, 2010 - 11:01:49 GMT
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Forex Market"China paves Road for RMB Flexible Forex Rate System?"
Forex Market --China sets its pace slightly, but steps to the free fluctuation road. And China must adjust its policies further, to pave the road for the RMB flexible forex rate system in advance.
It is obvious that China has doubt and worry to the huge amount of forex reserves leaded by the US capital, which will give rise to the forex reserves decentralize to Japan and Europe capital.
However, when involving in the forex reserve, actually, China should make the forex reserves more balanced in the booked, that is, to decentralize the accumulated the forex reserves.
Under the circumstance of keeping trade surplus and the RMB lacking of elasticity, it is definite to emerge forex reserves amplification.
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