! Beijing , Rabi'I 14, 1435, Jan 15, 2014 , SPA -- China's foreign exchange reserves jumped by more than 500 billion dollars last year, or about 15 per cent, to the equivalent of 3.82 trillion dollars , dpa cited the central bank as saying Tuesday. The reserves grew by around 160 billion dollars in both the third and fourth quarters of 2013 after increasing by only 130 billion dollars in the whole of 2012, the People's Bank of China reported. The growth in foreign exchange reserves reflects a 13-per-cent rise in China's annual trade surplus in 2013, to 260 billion dollars . China overtook the United States to become the world's largest trading nation in goods last year with a value of 4.16 trillion dollars , according to Chinese customs data. --SPA 13:56 LOCAL TIME 10:56 GMT All Rights Reversed for Saudi Press Agency Provided by Syndigate.info , an Albawaba.com company
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