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    China'S Foreign Financial Assets Are Approaching Us $4 Trillion And 400 Billion.

    2011/7/27 9:30:00 30

    Chinese Financial Assets Close To Us Dollar

    Country foreign exchange The board yesterday broke the annual rules and announced the first quarterly international investment position. Data show that as of the end of 3, China's foreign financial assets were close to US $4 trillion and 400 billion, and foreign financial liabilities amounted to US $2 trillion and 460 billion.


    As of the end of 3, China's external financial assets amounted to 43948 billion US dollars, up 7% from the end of last year, and 24608 billion US dollars in external financial liabilities, up 5% from the end of last year, according to the safe data. China external Finance Net assets of 19340 billion US dollars, approaching us $2 trillion, the growth rate reached 8%.


    Ding Zhijie, a professor at the school of finance at the University of foreign trade and economics, pointed out that the first time the safe disclosed the quarterly international investment position table, and the information transparency increased. But compared with the end of last year, the reserve assets increased by US $201 billion 400 million. External storage It is still the main channel to absorb the growth of overseas assets.


    The international investment position table is considered as an external balance sheet for an economy to assess the external stability and risk of an economy.
     

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