China's forex reserves rise for fourth straight month

A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. MENG ZHONGDE / FOR CHINA DAILY

BEIJING - China's forex reserves rose for the fourth month in a row in May to $3.05 trillion , the central bank data showed on Wednesday.

That marks an increase of $24 billion from that recorded at the end of April.