Chinese Government authorities are considering the plans recently formulated by a number of financial experts for the establishment of the Central Reserve Bank, and according fo a Chinese report, preparations for the reorganization of the Central Bank of China into the proposed Institution are proceeding space.
The total of notes issued by the Central Bank during first six months of this year to totalled $300,303,508.63, while the total of cash and security reserved amounted to $202,271,200.63 and $111,300,000 respectively. tt
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