更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 J P M O R G A N Asia Pacific Economic Research 07 July 2024 China: FX reserves largely in line with expectation A glance at BoP and customs’ trade balance difference China’s June FX reserves fell US$9.7bn to$3,222.4bn, largely in line with our Emerging Markets Asia, Economic expectation of $3,225.8bn. It follows the US$31.2bn rise in May. For 1H as a and Policy Research whole, FX reserves fell US$15.6bn. Same as May, gold reserves stayed unchanged, Tingting Ge after solid incre ...