The Risk And Apploy Of China's Foreign Exchange Reservers After Financial Crisis

In the 21st century, with the developing of technology, economic develops more rapidly and international economic relations are increasingly frequent. However, the global financial crisis caused by the United States subprime mortgage crisis in 2007 warns us to pay attention to the pace of economic development, but focus more on reasonable of economic development structure. For a country, sufficient foreign exchange reserves are an important condition for international economic communication, but it doesn't become better with the scale of foreign exchange reserves increasing. If excessive foreign exchange reserves are used immproperly, it will make a negative impact.At the basis of background analysis above, this paper is divided into six parts, and structure is arranged as follows:Part I: the preamble. At the outset it introduces the research background - economic recovery and development period after the financial crisis; then it describes the significance of this study; finally, it introduces the research content and research methods.Part II: t summerizes the major research on scale and structure of foreign exchange reserves studied by domestic and foreign scholarsPart III: makes definition about foreign exchange reserves, expounds the important role of foreign exchange reserves on a country's economic development, and then summerized the features of China's foreign exchange reserves. Part IV: it establishes moderate scale model of foreign exchange reserves, estimates an moderate scale of Chian's foreign exchange reserves, analyzes the potential risks of excessive foreign exchange reserves, and explains the reasons for China's excessive growth of foreign exchange reserves.Part V, it summarizes the research on structure of foreign exchange reserves, describes the structural characters of foreign exchange reserves in detail, and then gradually analyzes the risks existing in the structure of foreign exchange reservesPart VI, it introduces firstly the foreign advanced management experience on foreign exchange reserves, and then make some practical suggestions according to China's existing foreign exchange reserve management principles...