国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Markets

China's holding of US Treasury falls to a 10-month low

(chinadaily.com.cn) Updated: 2016-02-17 11:13

China's foreign exchange reserves dropped by $99.5 billion from December to $3.23 trillion at the end of January, the central bank said Sunday.

The decrease was milder than the decline of $107.9 billion registered in December, the sharpest monthly fall on record.

Zhou dismissed rumors that China will increase foreign exchange control. The rumors even involve control of trade accounts, which is absurd, Zhou said, claiming rumors are fabricated to create panic and benefit speculators.

China allowed renminbi convertibility on the trade accounts nearly two decades ago, but almost all capital account transactions in the mainland remain under varying degrees of control. Going by IMF classifications, 37 of 40 capital account items are already fully or partly convertible in China, leaving only three unconvertible.

The central bank will upgrade its macro prudential policy framework, an approach to financial regulation aimed at reducing systemic risks, according to Zhou.

The new mechanism, macro prudential assessment, will take into consideration seven aspects when evaluating the financial system to prevent systemic risks and improve counter-cyclical adjustment, the PBOC said in a statement at the end of 2015.

The capital adequacy ratio, a measure of an institution's ability to cushion loan risks, will be the core of the assessment, said the PBOC.

While guarding against "systemic risks in the economy, China should prevent "cross infection" between the stock, debt and currency markets, Zhou said.

China's economy grew by 6.9 percent year-on-year in 2015, its lowest annual expansion in a quarter of a century.

However, foreign direct investment into the Chinese mainland continued to grow steadily in January despite slowing overall growth, the Ministry of Commerce said on Monday.

FDI, which excludes investment in the financial sector, rose 3.2 percent year on year to $14.1 billion last month, with investment in the service sector taking the lion's share.

 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
玛沁县| 友谊县| 巴彦淖尔市| 鱼台县| 绥棱县| 紫阳县| 临沭县| 留坝县| 莒南县| 嘉峪关市| 宜丰县| 堆龙德庆县| 大足县| 南开区| 永新县| 万山特区| 长兴县| 兴文县| 清水河县| 凤凰县| 岚皋县| 黔南| 长丰县| 恩平市| 临洮县| 台安县| 蕲春县| 射洪县| 武山县| 富川| 伊金霍洛旗| 商城县| 宾川县| 西安市| 疏勒县| 甘孜| 太谷县| 三门县| 大余县| 阜阳市| 东辽县|