New China reserves fund may use derivatives

The People's Bank of China (PBoC), the country's central bank, is setting up a new body to handle the investment of part of China's huge foreign exchange reserves, but the timing of the unit's opening, the scope of its investment activities and the identity of the senior management have yet to be unveiled.

The establishment of the unit was confirmed last month by China's finance minister, Jin Renqing, in a press conference held following the latest session of the National People's Congress (NPC)

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here