THE ECONOMIC OBSERVER
ECONOMICS | NATION | MARKET | CORPORATION | BRIEFS | SPECIAL
follow us:
           
site: HOME > > Economic > China Buzz > Media Review
China’s Overseas Financial Assets Approach $4.4 trillion

China’s foreign financial assets amounted to almost 4.4 trillion US dollars at the end of March, according to figures released by China’s State Administration of Foreign Exchange (SAFE) yesterday. Reserve assets accounted for 71% of China's foreign financial assets, exceeding foreign direct investment, portfolio investment and other investments. China's overseas assets also far exceeded foreign financial liabilities which stood at just under 2.5 trillion US dollars.  This is the first time that SAFE has released quarterly data on the country's international investment position, up until now, such data had only been released on an annual basis
 
Source
China News Agency

Google translation

0 comments

Comments(The views posted belong to the commentator, not representative of the EO)

username: Quick log-in

About China Buzz

The Economic Observer's editorial staff are always on the look out for interesting, fresh and high-quality China-related content. Whether it's the latest buzz on Weibo, links to insightful articles or updates on the latest books and reports, through China Buzz we'll keep you in the loop about what's going on in the world of Chinese politics and economics.

Most popular

this week
this month

Categories

E-mail subscription

Enter your e-mail address to subscribe to China Buzz and receive notifications of new posts through e-mail.