China's July forex reserves rise to US$3.154 trillion

Foreign inflows into Chinese stocks and bonds have picked up recently as investors bet on an economic rebound.

BEIJING: China's foreign exchange reserves rose more than expected in July as the dollar weakened and the yuan firmed as the world's second-largest economy showed further signs of recovery.

China's foreign exchange reserves - the world's largest - rose $42.06 billion in July to $3.154 trillion, central bank data showed on Friday.