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Wan LixinOpinion deputy editor of Shanghai Daily
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Foreign financial assets increase 23%
May 21, 2009, Thursday
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Print Edition
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CHINA'S foreign financial assets increased 23 percent from a year earlier to US$2.92 trillion by the end of last year, the State Administration of Foreign Exchange said.
The country's net foreign financial assets rose 31 percent year on year to US$1.52 trillion last year, the administration said on Tuesday. Direct foreign investment in China stood at US$169.4 billion, accounting for about 6 percent of the country's total foreign financial assets as of the end of last year.
The country's net foreign financial assets rose 31 percent year on year to US$1.52 trillion last year, the administration said on Tuesday. Direct foreign investment in China stood at US$169.4 billion, accounting for about 6 percent of the country's total foreign financial assets as of the end of last year.
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