Previously dependent on exports to fuel economic growth, China’s current account surplus has fallen to between 2 and 10% of the country’s GDP in recent years from 3% in 2007. Experts have thus called China’s foreign exchange reserves portfolio, currently valued at over $3tn, signatory of the country's future economic benefits from globalisation to lie within overseas investments.
Previously dependent on exports to fuel economic growth, China’s current account surplus has fallen to between 2 and 3% of the country’s GDP in recent years from 10% in 2007. Experts have thus called China’s foreign exchange reserves portfolio, currently valued at over $3tn, signatory of the country's future economic benefits from globalisation to lie within overseas investments.