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China's banking sector reported net foreign...>

CHINA
CHINA: China's banking sector reported net foreign liabilities of $179.1 billion
as of the end of June, with total liabilities to overseas institutions of
$1.1485 trillion, offset by total outbound investment in financial assets of
$969.4 billion, the State Administration of Foreign Exchange said Wednesday.
Some 49%, or $478.6 billion, of Chinese banks' outbound investment in financial
assets was allocated to foreign banks, and the other 51%, or $490.8 billion, was
invested in foreign non-bank institutions.

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