TOEIC、TOEFL対策テスト : Vol.25

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China's foreign exchange reserves, the world's largest, surged to $1.68 trillion at the end of March, adding pressure on the government to prevent money inflows from fueling inflation already at an 11-year high.

Currency holdings, excluding gold, expanded 40 percent from a year earlier, the People's Bank of China said Friday on its Web site. The assets grew a record $153.9 billion from the end of December, after a $94.6 billion increase in the fourth quarter.

Exports, foreign investment and U.S. dollar depreciation have boosted China's currency assets, hampering government efforts to rein in money supply and inflation.

 (ソース:雑誌 The Daily Yomiuri : Saturday, April 12, 2008)

1. What is this article about?
  (1) Comment on the People's Bank of China
  (2) China's inflation
  (3) Sudden increase in China's foreign exchange reserves
  (4) China's trend of foreign exchange reserves

2. In this article, 'foreign exchange reserves' are expressed in other words. What are they?

3. What factors did influence 'foreign exchange reserves'?