Expert Opposes Handing Out Forex Reserves to China's Citizens
(Beijing) – There has been much discussion recently about making more efficient use of the country's foreign exchange reserve, which has climbed to more than US$ 3.4 trillion as of April.
One eye-catching idea advocates directly handing out the reserve to the people.
However, Zhang Bin, a research fellow at the Institute of World Economics and Politics, which is under the Chinese Academy of Social Sciences, opposes the proposal. He stated his ideas in an article published by China Reform, a Chinese-language sister magazine of this publication.
- Four Shanghai Customs Officials Nabbed by Party Graft Buster
- Castle in the Sky
- Royal Necropolis
- Detention of Haitong Securities Executive 'Is Linked to Bond Scandal'
- Closer Look: JD.com Sees Its High Hopes for WeChat Fall Short
- The Best Way to Remember Deng Xiaoping
- Graphic: Escape from Beishangguang
- NAO to Finish Audit of Local Gov't Land Sales by End of October
- Just 1 in 30 Patients Gets an Organ Needed for Transplant Every Year
- Ludian Parade
- Sign up to receive our free daily newsletter
- The Jiangxi Township Doing a Brisk Trade in Cambodian Wives
- How One Police Chief Built a Graft Network over Four Decades in Power
- A Modern Reflection of Germany and Austria-Hungary?
- Iron Ore Prices Tumble as Four Large Producers Ramp up Production
- Views: Making Sense of China's Anti-Monopoly Campaign
- ICBC Executive Sued by Former Employer Deutsche Bank over Money Transfer
- Analysts Wonder If Trust Industry Has Reached a Tipping Point
- For Graft Investigators, a Son Like His Father
- Media Watch: Efforts to Remember Deng Start, and So Does Divining What They Mean
- Following Vanke's Lead, Developers in County near Beijing Cut Home Prices