Sunday, June 29, 2014
China's external financial assets surpass 6 trln USD - Xinhua
China's external financial assets surpass 6 trln USD - Xinhua China's
external financial assets reached 6.13 trillion U.S. dollars by the end
of March this year, the State Administration of Foreign Exchange said
on Wednesday. External liabilities stood at about 4.14 trillion U.S.
dollars by then, the foreign exchange regulator said in a statement on
its website. China's direct investment overseas was 621.5 billion U.S.
dollars, accounting for 10 percent of external financial assets while
reserve assets were registered at 4.01 trillion U.S. dollars, 65 percent
of the total amount, the statement said. As regards foreign
liabilities, foreign direct investment in China was 2.42 trillion U.S.
dollars, 58 percent of the total, the statement said.http://news.xinhuanet.com/english/china/2014-06/25/c_133437931.htm?utm_source=The+Sinocism+China+Newsletter&utm_campaign=d03df4f18e-Sinocism06_30_14&utm_medium=email&utm_term=0_171f237867-d03df4f18e-29615013&mc_cid=d03df4f18e&mc_eid=5935182a65
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