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

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

Forex reserves decline by 2.2% in November

By Wang Yanfei | China Daily | Updated: 2016-12-08 07:38

Govt moves to rein in risks associated with overseas investments in hotels, real estate

The recent strengthening of the US dollar played a key role in the drop in China's dollar-dominated forex reserves last month, but capital outflow pressure will not persist for long because market speculation is expected to wane after the US Federal Reserve makes its interest rate decision, said analysts.

Official data on Wednesday showed that the foreign exchange reserves fell by $69.1 billion to $3.05 trillion in November.

The monthly dollar-dominated reserve drop came amid a strong US dollar rally, with a potential interest rate hike in the United States expected to come in the near future, according to Yan Ling, an economist with China Merchants Securities Co.

The yuan depreciated by 1.7 percent against the greenback in November, during which the trading volume in the foreign exchange market increased for the third consecutive month, up by 9.3 percent month-on-month.

"But the decline in forex reserves is expected to slow in December when the market is expected to calm down after the US decision to raise its interest rate or not," said Yan.

A string of measures on strengthened supervision for outbound investment rolled out by the central authorities aroused concerns over the government's strong intention to curb capital outflows.

Four top regulatory bodies decided to tighten screening of overseas investment projects earlier this month. The National Development and Reform Commission and three other financial regulators on Tuesday said that China will rein in risks in outbound investment, targeting speculative behavior trying to move money out of China.

Four fields of investment will be strictly monitored, including real estate and hotels, according to a Xinhua News Agency report.

Ivan Chung, an Associated Managing Director at Moody's?Investors Service Inc's Asia-Pacific Regional Management Group, regarded stricter supervision as a necessary move as the nation steps up the opening of its economy.

Chuang said that he did not see the necessity for the government to control only outflows without regulating inflows.

"The government should be more willing to see balanced capital flows," he said.

"Although investors' appetites do become uncertain as weaker yuan leads them to diversify their assets, it is understandable to see the government tightening control to fend off risks in outbound investment," he added.

yangyanfei@chinadaily.com.cn

 Forex reserves decline by 2.2% in November

Chinese fans of the AC Milan soccer team sing during a friendly match in Shenzhen, Guangdong province. Bobby Yip / Reuters

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 日本无卡码免费一区二区三区 | 日本免费一区二区三区三州 | 国产精品视频永久免费播放 | 久9视频这里只有精品 | 免费特黄一级欧美大片在线看 | 可以看毛片的网站 | 欧美67194| a色毛片免费视频 | 国产在线精品一区二区高清不卡 | 上海一级毛片 | xx毛片| 男人天堂中文字幕 | 国产成人综合手机在线播放 | 亚洲国产精品线在线观看 | 欧美精品国产一区二区三区 | 欧美a级完整在线观看 | 免费观看成人久久网免费观看 | 一本色道久久88综合亚洲精品高清 | 手机看片国产 | 久热精品6 | 久久国产精品成人免费 | 特黄特色一级特色大片中文 | 欧美成年黄网站色高清视频 | 久久一日本道色综合久久m 久久伊人成人网 | 性刺激免费视频观看在线观看 | 女人把腿劈开让男人桶的网站 | 免费精品久久久久久中文字幕 | 国产一级在线现免费观看 | 午夜成年 | 国产99视频精品免费视频7 | 三级国产三级在线 | 日本亚洲高清 | 久久91精品国产91久久 | 亚洲国产日韩成人综合天堂 | 99久久亚洲 | 日本免费网址 | 久久久久依人综合影院 | 欧美一级毛片免费观看视频 | 成人免费小视频 | 免费视频日本 | aaaaaa级特色特黄的毛片 |