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The State Administration of Foreign Exchange entrusts managers in four ‘overseas offices’ to diversify its reserves and maximise returns.
Discussion
👉 China holds the largest foreign exchange reserves in the world
👉 The reserves are managed by four offshore investment offices
👉 The offices are located in Hong Kong, Singapore, London, and New York
👉 The management objective is to prioritize safety, liquidity, value preservation, and appreciation
👉 Sustainability is the long-term goal