www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

South Korea's central bank weighs purchase of yuan assets

Updated: 2012-01-19 07:56

By Li Xiang (China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

BEIJING - South Korea said on Wednesday that it might invest part of its $300 billion in foreign-exchange reserves in yuan-denominated assets, which analysts said was a sign of the growing global role of the Chinese currency.

Choo Heung-sik, director-general of the Bank of Korea's (BOK, the central bank) reserve management group, was quoted by Bloomberg News as saying that the investment was part of South Korea's plan to diversify its foreign reserves.

Choo said the investment would be made gradually and from a long-term perspective.

He added that the initial investment wouldn't be "big" and might start with Chinese government bonds.

South Korea thus becomes the second developed economy, after Japan, with plans to buy yuan-denominated assets with its foreign-exchange reserves and add the Chinese currency to its reserves.

"Compared with the US and Europe, which are faced with systemic financial risks, China's economic growth remains robust and yuan-denominated assets are still attractive products for investment by foreign governments," said Guo Tianyong, director of the Research Center of the Chinese Banking Industry at the Central University of Finance and Economics.

The BOK obtained a Qualified Foreign Institutional Investor (QFII) license in late December and has gained the approval of its counterpart, the People's Bank of China, to buy bonds, Choo was quoted by Bloomberg as saying.

The National Pension Service, the largest investor in South Korea, recently said that it received approval from China to invest in the Chinese securities market. Korea Investment Corp, the country's sovereign wealth fund, also said that it had received a QFII license.

Last month, Japanese Prime Minister Yoshihiko Noda announced plans during his visit to China to buy Chinese government bonds. Media reports said that the investment might be worth about $10 billion.

Japan's investment would be the first time that a developed economy used its foreign reserves to buy yuan-denominated assets.

Analysts said that Japan's move represented a significant step for the internationalization of the yuan, transforming it from a trade settlement currency to a reserve unit.

Chen Zhiwu, economics professor at Yale University, said that the purchase of Chinese government bonds by Japan and South Korea reflected China's increasing investment and trade relationships with the two countries.

However, Chen said, "the increasing foreign purchase of the yuan-denominated assets could put a burden on China's own huge foreign reserves.

"So it is unlikely for the yuan to become a true global reserve currency as long as China's trade surplus remains high."

主站蜘蛛池模板: 国产成人a福利在线观看 | 99久久精品费精品国产一区二区 | 亚洲精品久久一区二区无卡 | 精品视频在线观看一区二区三区 | 九九国产精品九九 | 日本三级香港三级人妇99视 | 男人的天堂在线观看视频不卡 | 不卡精品国产_亚洲人成在线 | 人碰人操| 国产在线视频一区二区三区 | 中文精品视频一区二区在线观看 | 国产高清成人mv在线观看 | 亚洲精品国产手机 | 男人久久天堂 | 一区中文字幕 | 欧美一级俄罗斯黄毛片 | 一级一毛片a级毛片欧美 | 亚洲国产精品ⅴa在线观看 亚洲国产精品aaa一区 | 女性无套免费网站在线看 | 91视频国产91久久久 | 午夜手机看片 | 亚洲天堂在线观看视频 | 成年女人在线观看片免费视频 | 国产亚洲男人的天堂在线观看 | 欧美激情久久久久久久久 | 高清不卡毛片免费观看 | 色综合久久一本首久久 | 国产欧美自拍 | 国产一级一片 | 日本韩国欧美在线 | 国产主播第一页 | 中文字幕日韩国产 | 国产女主播在线 | 杨幂丝袜国产福利视频 | 男女福利社 | 日韩一级片免费在线观看 | 欧美野外性k8播放性迷宫 | 黄色欧美视频 | 台湾黄三级高清在线观看播放 | 全国男人的天堂网站 | 欧美xxxx色视频在线观看 |