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China international assets rises in Q2

CCTV.com

10-01-2016 00:15 BJT

China's net position of international investments continued to increase in the second quarter from the first. That's according to fresh data from the State Administration of Foreign Exchange.

The net position, which equals assets minus liabilities, sat at 1.7 trillion US dollars by the end of June. That was up 3 percent from the first quarter. When measured by the newly introduced unit SDR, China's net International Investment was valued at 1.2 trillion SDR.

The SAFE also released current account figures for the Q2. It said that the current account surplus reached 64.1 billion US dollars while capital account deficit sat at 14.5 bln US dollars. The Chinese forex authority said it will strengthen its monitoring of cross-border capital flows.

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