China's forex reserves fall more than expected in Dec

BEIJING, Jan 7 (Reuters) - China's foreign exchange reserves fell more than expected in December, official data showed on Tuesday, driven by persistent dollar strength. The country's foreign exchange reserves - the world's largest - slid by $64 billion last month to $3.202 trillion, less than a Reuters forecast of $3.247 trillion and down from $3.266 trillion in November. The yuan CNY=CFXS softened 0.7% against the dollar in December, while the dollar last month strengthened 2.6% against a basket of other major currencies =USD . (Reporting by Qiaoyi Li and Ryan Woo; Editing by Christian Schmollinger) (([email protected];))