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China's finance hub Shanghai on Tuesday began to implement new policies restricting enterprises from purchasing residential property.
China's forex reserves stood at .057 trillion at the end of June.

China's foreign trade has always been in line with market principles and conducted fairly. The US buys more from China than it sells, and it also has self-imposed restrictions on exports of some products, which has naturally resulted in deficits, he said.
China's forex market is easily influenced by irrational expectations and spurred by inertia, due to a certain level of "pro-cyclicality," which distorts market demand and supply, and magnifies the risk of exchange rate overcorrection, the CFETS said in a statement.
China's major grain-supplying areas have entered harvest season, and Jia Jianyu, a 36-year-old farmer in Henan province, is busy picking honeydew melons. He once lived below the poverty line.
来源:资阳报