US commentators have argued that the Chinese have undervalued their currency in order to promote exports and economic growth. The Chinese central bank has accomplished this by buying foreign currency so that it has accumulated huge foreign currency assets in what has become known as:

Question

Quizplus · Accepted Answer

The Chinese central bank has accumulated huge foreign currency assets in what is known as a sovereign wealth fund (SWF). This is a state-owned investment fund used to manage the country's reserves, often resulting from trade surpluses.

US Commentators Have Argued That the Chinese Have Undervalued Their