For many years, China has exported more goods than it has imported. This has led to an increase in its reserves of foreign assets. In this video from the most recent Dialogue with the Fed event, St. Louis Fed Assistant Vice President and Economist Christopher Neely explains the mechanics of how China came to accumulate its significant store of foreign exchange reserves.
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The St. Louis Fed On the Economy blog features relevant commentary, analysis, research and data from our economists and other St. Louis Fed experts.
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