China is considering measures to expand its $3.2 trillion foreign exchange reserves, Reuters reports. The country is reviewing ways to ease the process for local firms to use the yuan to invest overseas.

China will look to raise the channels of cross-border flows of the renminbi to help domestic firms make investments abroad, said commerce minister Chen Deming. Chen added that exports may grow at a slower rate in the coming months as listless demand in other major economies hampers global demand.

Click here for the story from Reuters.