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CHINA PRESS: China Sees Capital Net Inflows In February

CHINA PRESS
EM BulletAPACChinaEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

China saw net inflows of cross-border funds in February, with a surplus of enterprises and individual payments totalling USD29 billion, said Li Bin, deputy director at the State Administration of Foreign Exchange. Foreign investors increased their net holdings of domestic bonds and stocks by USD12.7 billion, amid the country’s economic recovery and technological development. Goods trade saw net inflows reach USD64.8 billion, a relatively high level for the month historically. (Source: China Securities Journal)

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China saw net inflows of cross-border funds in February, with a surplus of enterprises and individual payments totalling USD29 billion, said Li Bin, deputy director at the State Administration of Foreign Exchange. Foreign investors increased their net holdings of domestic bonds and stocks by USD12.7 billion, amid the country’s economic recovery and technological development. Goods trade saw net inflows reach USD64.8 billion, a relatively high level for the month historically. (Source: China Securities Journal)