Economics, Econometrics and Finance
4 years ago

China's Massive Foreign Exchange Reserves: Boon or Bane for Economy?

1 view
E3S Web of Conferences
Analysis on the Impact of the Foreign Exchange Reserves of China on Its Macro Economy
Jiahao Zhang

Paper Summary

China's huge foreign exchange reserves have both positive and negative impacts on its economy. The reserves are vital for international development but can also lead to high management costs. Analyzing data from 1985 to 2019, it was found that reducing reserves, reforming the exchange rate system, and changing the foreign exchange system could benefit China's economy.

Related papers

Decision Sciences
2 years ago

Revolutionary VMD-LSTM Combo Predicts Forex Rates with Unprecedented Accuracy

Stock Market Predictions
Fault Diagnosis
Electricity Forecasting
2 views
Decision Sciences
8 years ago

Predict Forex Rates Using Neural Networks and Fundamental Data for Profit

Stock Market Predictions
Neural Networks
Model Predictive Control
2 views
Economics, Econometrics and Finance
8 years ago

Privatization of Forex Risk Management Shaking Up Global Exchange Rates

International Finance
2 views