ELEVATE, the visionary lifestyle real estate brand, has officially broken ground on the highly anticipated …
Read More »China reserves slumped $320 billion in 2016 as yuan tumbled
Bloomberg China’s foreign currency holdings fell for a sixth month in December, bringing last year’s drop to $320 billion as the yuan posted its steepest annual slide in more than two decades. Reserves decreased $41.1 billion to a fresh five-year low of $3.01 trillion, the People’s Bank of China said. That was in line with estimates in Bloomberg’s survey …
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