- Analytics
- News and Tools
- Market News
- China gets net capital inflows - ING
China gets net capital inflows - ING
Analysts at ING bank note that China's most recent foreign reserves show net inflows.
Foreign reserves on the rise
China's foreign reserves have only edged down slightly in one month this year (April). In June, reserves increased by another US$18.23 billion to US$3119.23 billion, the largest monthly increase this year.
Inflows have been stronger than outflows
China has been very closely monitoring capital outflow transactions, which helps explain the low net outflows in 2019. But this is only one side of the story. Another is the weak dollar: This increases the USD holdings of other currencies and therefore raises the value of China's foreign reserves. This could be increased further as China has shifted to greater non-USD holdings in its FX reserves this year. A more important factor is the inclusion of China assets in global benchmark indices.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
