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

US EUROPE AFRICA ASIA 中文
Business / Finance

Experts: Capital outflow bearable

By Wang Yanfei (China Daily) Updated: 2016-10-08 07:23

Experts: Capital outflow bearable

A Chinese clerk counts US dollar banknotes over yuan notes at a bank in Huaibei, East China's Anhui province, Jan 22, 2015. [Photo/IC]

China's foreign exchange reserve shrank for the third consecutive month in September, but the capital outflow pressure is still within reasonable range, economists said.

The reserve, the world's largest, stood at $3.17 trillion in September, down by $18.79 billion from August, data from the People's Bank of China, the central bank, indicated on Friday.

The latest figure was released after Yi Gang, the bank's deputy governor, said on Thursday in Washington that China's economic growth remains robust, with an annual rate forecast at 6.5 percent to 7 percent.

Su Jian, an economics professor at Peking University, said the country's reserve "remains adequate and is way above what is needed to cope with external challenges".

He attributed the monthly decline to a possible interest rate increase in the United States.

"Outflow pressure does exist with lingering market expectations for near-term depreciation of the yuan," said Su, referring to the US Federal Reserve's potential interest rate hike in December.

But Xie Yaxuan, chief economist at China Merchants Securities Co, said China is able to cope with external uncertainties.

"The capital outflows are not that worrisome," said Xie, adding that the yuan has become more volatile after the central bank adopted a more market-orientated central parity rate system in August last year.

Zhao Yang, chief China economist at Nomura Holdings Inc in Hong Kong, said seasonal factors were also behind the shrinking foreign exchange reserve, as Chinese tend to purchase foreign currency before the National Day holiday.

Xie said the yuan's recent inclusion in the International Monetary Fund's Special Drawing Rights basket would not have a major impact on the two-way capital flows.

He dismissed concerns over potential capital flight in conjunction with the yuan's internationalization process after the SDR inclusion.

Xie said he expected that China's foreign exchange reserve will continue to shrink in the near future, but at a slower pace, as capital inflows will tend to increase slightly after the yuan's SDR inclusion.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产香蕉在线视频一级毛片 | 97久久精品国产精品青草 | 欧美无极品| 亚洲高清在线观看播放 | 中文字幕一区二区三区久久网站 | 日本三级成人午夜视频网 | 日韩一级欧美一级一级国产 | 小明台湾成人永久免费看看 | 欧美成人性做爰 | 欧美性aaaxxx级| 性福利视频 | 国产91精品一区二区视色 | 亚洲成人第一 | 久久国产视频在线观看 | 2020久久国产最新免费观看 | 伊人久久大香线焦综合四虎 | 欧美一区二区精品系列在线观看 | 日韩精品一区在线观看 | 视频二区 中文字幕 欧美 | 日本一区二区三区四区公司 | 玖玖影院在线观看 | 久草手机在线观看视频 | 亚洲视频免费在线观看 | 精品国产品国语在线不卡丶 | 久cao在线观看视频 久爱免费观看在线网站 | 亚洲成人免费观看 | 久久综合久久美利坚合众国 | 国产高清一区二区三区四区 | 中文字幕一区二区在线观看 | 一级国产交换配乱淫 | 亚洲人免费视频 | 国产成人a毛片 | 欧美激情中文字幕 | 美日韩一区二区三区 | 欧美激情精品久久久久久久九九九 | 中文字幕有码视频 | 久久久久免费 | 欧美亚洲另类久久综合 | 国产精品香蕉一区二区三区 | 日本一级特黄大一片免 | 亚洲精品久久久久网站 |