China's Foreign Exchange Reserve Security Threatened by Continuous Deficit
The security of China's foreign exchange reserve is at risk due to deficits in foreign exchange receipts and depreciation. To address this, China must focus on innovation, update industries, improve competitiveness in exports, attract foreign investment, and prevent capital outflows. Additionally, China should increase gold and foreign capital reserves, provide foreign exchange loans, encourage exports and overseas investments, and set up a warning system for reserve security.