China’s foreign exchange reserves stay stable in the beginning of 2021
The monthly increase by USD 50.5bn in November 2020 was the largest in seven years
China's foreign exchange reserves went slightly down to USD 3.21tn in January 2021, but still close to the highest level since April 2016. China’s foreign exchange reserves stabilized after two months of increases in the end of 2020.
The monthly increase by USD 50.5bn in November 2020 was the largest in seven years while December 2020 also saw a significant increase by USD 38.03bn.
Register to the next CEIC webinar '2021 COVID-19 Recovery Check: Emerging from the Crisis' and uncover China's recovery path from the pandemic as well as other emerging markets.