He said the global monetary system had fallen into a "dollar trap". While it would be sensible to reduce dollar holdings in official currency reserves, nations cannot easily cut back, because doing so would only lead the dollar to weaken and so hit the value of their assets, he said.
中国国际经济交流中心信息部副部长徐洪才表示,全球货币体系已经掉进“美元陷阱”。尽管理智上应该减少官方的美元货币储备,但实际上所有国家都很难做出削减,因为这样做只会进一步削弱美元地位,从而威胁到本国持有的美元资产的价值。
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