After more than a decade of accumulation, foreign exchange reserves have started to decline. Michala Marcussen, chief economist at Societe Generale Commercial and Investment Bank, tells John Authers how this reflects the rebalancing of the Chinese economy.<br /><br />► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
