Drop in net funds from overseas
CHINA’S financial institutions got 11.68 billion yuan (US$1.9 billion) of net direct investment from overseas investors in the third quarter, the foreign exchange regulator said yesterday.
This was below the 12.2 billion yuan in the second quarter, said the State Administration of Foreign Exchange.
Meanwhile, the country’s financial institutions, including banks and insurers, invested a net 305 million yuan overseas.
SAFE has been releasing quarterly data since 2012 to enhance the transparency of foreign exchange data.
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