China FX Reserves Tick Up to $3.03 Trillion

Reuters: China fx reserves rise by $21 bln in April to $3.03 trillion

China's foreign exchange reserves rose in April for a third straight month, beating market expectations, as capital control measures and a pause in the dollar's rally helped staunch capital outflows.

Reserves rose $21 billion during April to a total of $3.03 trillion, compared with an increase of $3.96 billion in March to $3.009 trillion.