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China's foreign financial assets hit US$4.95 trln at end-Jun

Sep. 26, 2012 (China Knowledge) - China's foreign financial assets hit US$4.95 trillion at the end of June this year, according to the latest statistics released by the State Administration of Foreign Exchange.

The figure includes US$392 billion in overseas direct investment, US$259.3 billion investments in foreign securities and US$979.8 billion in other investments, which accounted for 8%, 5% and 20% of the total, respectively.

Meanwhile, the country's reserve assets were US$3.32 trillion at the end of June, which accounted for 67% of its total foreign financial assets.

The administration said that the country's foreign financial liabilities had increased to US$3.2 trillion at the end of June.

The total foreign financial liabilities comprised of US$1.9 trillion in foreign direct investment into China, US$301.1 billion in securities investments and US$993.2 billion in other investments, which account for 60%, 9% and 31% of the total.

China saw its net foreign financial assets falling to US$1.75 trillion at the end of H1 2012.







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