<p class="MsoNormal">With a strong economic recovery supporting the yuan, China’s foreign currency reserves increased beyond expectations in November to touch the highest level in more than four years. As per the data made available by the People’s Bank of China, the country’s foreign exchange reserves increased by $50.51 billion in November. Following the surge, China’s foreign exchange reserves, the largest in the world, touched $3.178 trillion—the highest since August 2016.</p>
