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Your search keyword '"RESERVES (Accounting)"' showing total 2 results
Start Over Descriptor "RESERVES (Accounting)" Topic foreign exchange policy
2 results on '"RESERVES (Accounting)"'

1. Chinese Foreign Exchange Reserves, Policy Choices, and the U.S. Economy.

Author

Neely, Christopher J.

Subjects
*FOREIGN exchange reserves, *RESERVES (Accounting), *FOREIGN exchange policy, *INTERNATIONAL economic relations, CHINA-United States relations, UNITED States economy, 2017-2021
Abstract

China is both a major trading partner of the United States and the largest official holder of U.S. assets in the world. The value of Chinese foreign exchange reserves peaked at just over $4 trillion in June 2014 but has since declined to $3.19 trillion (as of August 2016). This very large decline in foreign exchange reserves is unprecedented, and some analysts have speculated that continued sales of these (mostly U.S.) assets might significantly impact the U.S. and global economies. This article explains the reasons for this large decline in official assets, China's available policy choices, and how these choices could affect the U.S. economy. [ABSTRACT FROM AUTHOR]

Published
2017
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2. Keep your T-bonds, we'll take the bank.

Subjects
*EMERGING markets, *WEALTH management services, *RESERVES (Accounting), *FOREIGN exchange policy, *RISK management in business, *TREASURY bills, *MANAGEMENT
Abstract

The article reports on the emergence of state-run investment pools called sovereign-wealth funds, that allow countries to invest vast reserves of foreign exchange. Historically, these reserves were invested in longer termed assets like treasury bills, but emerging economies want more risk. In the case of China, these reserves have been invested in foreign banks. Many emerging economies such as those in Abu Dhabi, Russia and Kazakhstan get their reserves from oil profits.

Published
2007

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