Why has China's foreign exchange reserves been reduced?
I don't understand. In the past two years, China has never had a trade deficit in any month. The overall surplus has not decreased before 2014, and even the trade surplus in some months has reached a record high. January 2016).
Then the question is coming. Since there are so many surpluses and China has foreign exchange control measures, what is the reason why China’s foreign exchange reserves have fallen so fast? Is China’s investment in foreign countries far more than foreign direct investment in China?