Deficit target raised, financing plan revised
Debt agency chief vows not to breach 30% FX debt cap
Looking behind rumours that growing funds are transferred abroad and into foreign currency
Use of cash declines for three reasons
Foreign exchange market seriously restricted
FX market operation limited
At 365.13 against the euro
But could sit back and relax for years to come
China is reducing the weight of the US dollar in the CFETS index to make the yuan more stable.
J.P. Morgan looks at FX reserve changes.