Gold and foreign exchange reserves of China dorosli almost two trillion dollars.

KommentariiZolotovalyutnaya dieta22.12.2008Kolossalnye international reserves of developing countries in the world has decreased significantly due to krizisaZolotovalyutnye reserves of China for the last quarter of 2008 increased from 1.91 trillion to 1.95 trillion dollars. This agency AFP reported, citing data on the Central China.
Previously, it was reported that the volume of reserves, by contrast, has declined, what happened for the first time in five years. Such a statement at the end of last year, made by a representative of the state administration of foreign exchange reserves in China. It was expected that the outcome of the four quarters of the reserves will not exceed 1.9 trillion dollars.
One of the reasons for the increase in gold reserves could become China's record trade surplus recorded in the country during November-December. In November, the surplus reached 40.1 billion dollars, and in December - 39.1 billion dollars.
China's reserves are the biggest in the world. Until 2006, the world leader in volume of stocks was Japan, which now ranks second. Its reserves amount to just under one trillion dollars. Russia - in third place. At the end of December, Russia's reserves reached 438.2 billion dollars.