|
BIZCHINA> Top Biz News
![]() |
|
PBOC: Capital inflows slowing, but no serious outflows
(Xinhua)
Updated: 2009-03-23 23:07 China's central bank said Monday that there hadn't been any serious outflow of capital from China, but that capital inflows had slowed.
"Changes have occurred in transnational capital flows as the financial crisis has continued," said Hu, who noted that many emerging markets had experienced serious capital outflows. "But a serious outflow of capital has not happened in China so far," while the massive inflows seen in recent years have slowed. "Generally speaking, capital is still flowing in, but both its scale and speed have decreased sharply," Hu said. According to the Ministry of Commerce, during the first two months of 2009, the amount of utilized foreign capital had dropped by more than 26 percent year-on-year and the number of newly-approved foreign investors had fallen by nearly 37 percent. "We are fully confident about the balance of international payments, because the Chinese economy is still among the most stable in the world, and China is still regarded as one of the best markets by international investors," Hu added. (For more biz stories, please visit Industries)
|
|||||
尉犁县| 平塘县| 忻州市| 辽阳县| 柯坪县| 珠海市| 介休市| 德江县| 普陀区| 大化| 都江堰市| 乾安县| 红原县| 宝坻区| 宁阳县| 武功县| 洮南市| 丹江口市| 达拉特旗| 团风县| 景宁| 临朐县| 油尖旺区| 丹江口市| 丰原市| 铜山县| 荆州市| 云南省| 民和| 扎赉特旗| 淮北市| 利津县| 焦作市| 常宁市| 茶陵县| 象州县| 南华县| 腾冲县| 日喀则市| 永靖县| 凤翔县|