Chinese foreign exchange reserves fell $107.9 billion in December to $3.33 trillion, the steepest monthly decline on record, according to Chinese central bank data released Jan. 7, Bloomberg and Reuters reported. Overall in 2015, the country’s reserves fell some $512 billion, the largest annual drop on record. Chinese gold reserves ticked up slightly to 56.66 million fine troy ounces by the end of the year. Greater capital outflows will promote yuan internationalization as Beijing seeks to limit the dollar’s dominance throughout its economy and make the yuan an integral part of the international finance community . Stratfor provides global awareness and guidance to individuals, governments and businesses around the world. We use a unique, intel-based approach to analyze world affairs. Copyright © 2016 Stratfor Global Intelligence, All rights reserved. Our mailing address is: P.O. Box 92529 – Austin, Texas 78709-2529, USA unsubscribe from this list update subscription preferences | […]