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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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