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China Continued Its "Double Surplus" &Nbsp In The Two Quarter, And Its Foreign Exchange Reserves Exceeded 3 Trillion And 180 Billion.

2011/8/16 17:13:00 52

China'S Two Quarter Double Surplus Foreign Exchange

The State Administration of Foreign Exchange released the latest "international" 16.

Budget

The balance sheet "once again focused international attention on China's" double surplus ": in the second quarter of this year, China's foreign trade exports and direct investment net inflow increased two key data, and China's current account, capital and financial items of the balance of payments continued to show" double ups and down ".


At the same time, China

foreign exchange

There was no unexpected accumulation of reserve figures. The two quarter increased by another US $136 billion 900 million, making China's total foreign exchange reserves exceed US $3 trillion and 180 billion.


According to the latest balance sheet released by the State Administration of foreign exchange, China's current account surplus is US $69 billion 600 million in the second quarter of this year.

Among them, the most watched trade surplus was US $68 billion 500 million, indicating that "made in China" is still the most important force in international trade.


At the same time, capital and financial account surplus of 67 billion US dollars, of which direct investment net inflow of US $40 billion 200 million.


Some experts said, "

twin surpluses

The number is mixed with China: it shows that China's export situation is good, foreign capital is still optimistic about "investing in China", but it also brings hidden trouble to China's monetary policy implementation.

Today, the continuous influx of international capital will make China face more inflationary pressures and will also be a major challenge to China's macro-control and monetary policy in recent years.


According to the State Administration of foreign exchange, the current account surplus of China's balance of payments in the first half of this year was 98 billion 400 million US dollars, the surplus of capital and financial items was 179 billion 300 million US dollars, and the international reserve assets increased by US $277 billion 700 million.

China News Agency, Beijing, August, 16 (reporter Wei Xi) the State Administration of Foreign Exchange released the latest "international balance of payments" on 16, which made the international attention to China once again focused on "double surplus". In the second quarter of this year, two major "key data" of China's foreign trade exports and direct investment inflow both grew, and China's current account, capital and financial items of the balance of payments continued to show "double surplus".


At the same time, China's foreign exchange reserves

number

There was no unexpected accumulation and increased by US $136 billion 900 million in the two quarter, making China's total foreign exchange reserves exceed US $3 trillion and 180 billion.


According to the latest balance sheet released by the State Administration of foreign exchange, China's current account surplus is US $69 billion 600 million in the second quarter of this year.

Among them, the most watched trade surplus was US $68 billion 500 million, indicating that "made in China" is still the most important force in international trade.


At the same time, capital and financial account surplus of 67 billion US dollars, of which direct investment net inflow of US $40 billion 200 million.


Some experts said that the "double surplus" figure is mixed with China: it shows that China's export situation is good, foreign capital is still optimistic about "investing in China", but it also brings "hidden trouble" to China's monetary policy implementation.

Today, the continuous influx of international capital will make China face more inflationary pressures and will also be a major challenge to China's macro-control and monetary policy in recent years.


According to the State Administration of foreign exchange, the current account surplus of China's balance of payments in the first half of this year was 98 billion 400 million US dollars, the surplus of capital and financial items was 179 billion 300 million US dollars, and the international reserve assets increased by US $277 billion 700 million.


A few days ago, the State Administration of Foreign Exchange announced China's balance of payments in the two quarter and first half of 2011.

balance

Table preliminary data.


In the two quarter of 2011, China's balance of payments current account, capital and financial items (including net errors and omissions) showed a "double surplus", and international reserve assets continued to grow.

The current account surplus was $69 billion 600 million in the two quarter.

According to the statistics of the balance of payments, the trade surplus is 68 billion 500 million US dollars, the trade deficit is 10 billion 800 million US dollars, the surplus is 4 billion 400 million US dollars, and the surplus is 7 billion 500 million US dollars.

Capital and financial items (including net errors and omissions) amounted to a surplus of US $67 billion, of which $40 billion 200 million was directly invested in direct investment.

The international reserve assets increased by US $136 billion 500 million, of which foreign exchange reserve assets increased by US $136 billion 900 million (excluding exchange rate, price and other non paction value changes), and the reserve position of the IMF decreased by US $200 million.


In the first half of 2011, China's current account surplus amounted to US $98 billion 400 million, capital and financial items (including net errors and omissions) amounted to US $179 billion 300 million, and international reserve assets increased by US $277 billion 700 million.


 
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