China to Boost Mid to Long-Term Asset Allocation in FX Reserves

China will strengthen mid to long-term asset allocation of foreign-exchange reserves this year to try to preserve and increase the value of the assets, the State Administration of Foreign Exchange said in its 2018 annual report.

The nation’s forex regulator said it had achieved an average yield of 3.68% from the investments from 2005 to 2014, according to the annual report. China has obtained long-term, stable returns from its foreign-exchange reserve investments and management, and the rate of return is at a “relatively good level” among global peers, Wang Chunying, spokeswoman of the forex regulator, said in a statement.