Global Times on June 3 reported Agence France-Presse quoted on the 2nd China’s news media reported that as at the end of 4, China’s foreign exchange reserves had risen to 1.76 trillion U.S. dollars, other than the Northeast Asian countries and regions more than the sum of foreign exchange reserves . Chinese Academy of Social Sciences Institute of World Economics and Politics Yu Yongding, director of the Global Network, said this figure has actually exceeded the world’s seven major industrial countries (including the United States, Japan, Britain, Germany, France, Canada, Italy, referred to G7 ) Combined.
 
 
 AFP article says, is the world’s largest foreign exchange reserves of China, its foreign exchange reserves in April and an increase of 74.5 billion U.S. dollars, representing an increase of about an hour 10 million U.S. dollars. China’s current foreign exchange reserves than in Japan, Korea, Taiwan and Hong Kong more than the sum.
 
 
 Reported that the foreign exchange reserves also accompanied by the growth of China’s new round of hot money inflow of concern, which makes analysts believe that as many as 50 billion U.S. dollars of hot money in the form of capital to enter China.
 
 
 The report quoted U.S. research institutions Stone & McCarthy Research Associate’s in China, analysts Logan Wright as saying: “This figure seems to indicate that the inflow of hot money is being accelerated.”

Ranking countries and regions in foreign exchange reserves (in millions of dollars) As at the date of
 1 China 1,756,600 in April 2008
 2 Japan 1,003,836 in April 2008
 3 Russian 548,100 in May 2008
 4 India 316,200 in May 2008
 5 Taiwan 286,860 in March 2008
 6 Korea 260,500 in April 2008
 7 Brazil 197,209 in May 2008
 8 Singapore 177,629 in March 2008
 9 Hong Kong 160,700 in March 2008
 10 Germany 143,942 in April 2008
 12 France 125,311 in February 2008
 15 Italy 106,843 in February 2008
 16 United Kingdom 99,956 in March 2008
 23 U.S. 75,850 in March 2008
 28 Canada 43,057 in March 2008