Exchange Reserves: Exchange and China

exchange reserves: With the economy expected to maintain reasonable growth and improved flexibility in the yuan exchange rate, China's forex reserves will remain stable, the forex regulator said, according to Global Times China. China's foreign exchange reserves will keep edging up as more foreign capital will be attracted to China's stock and bond markets, Liu Jian, a senior research fellow at the financial research center under Bank of Communications, told the Global Times on Monday. China's foreign exchange reserves rose for a fifth straight month in March, increasing by 9 billion to 3.099 trillion, up 0.3 percent from February, data from the State Administration of Foreign Exchange showed on April 7. Assuming continued US dollar weakness and progress in the trade talks, the yuan is likely to hold on to its recent gains, Liu said. Dong Dengxin, director of the Finance and Securities Institute at the Wuhan University of Science and Technology, told the Global Times on Monday that as China is promoting opening-up in the financial sector and increasing imports, closer regulation should be put on capital flows. China's foreign exchange reserves are mainly composed of the total foreign trade surplus in the current account and the net inflow of foreign direct investment in the capital account. (news.financializer.com). As reported in the news.