China’s Financial Integration into the World Economy: Scrutinising China‘s International Investment Position

Possible scenarios for China and the world economy until 2015 is looked at. In all of them, China will continue to accumulate FX reserves, so that reserve assets will remain the largest component of China‘s overall foreign assets, but the pace of accumulation is likely to slow down. China faces increasingly limited options (or, equivalently, higher marginal costs) for adding more foreign exchange reserves to its large existing stock. [DB]. URL:[http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000281144/China%E2%80%99s+financial+integration+into+the+world+economy%3A+Scrutinising+China%E2%80%99s+international+investment+position.pdf].