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
Business
Home / Business / higherlist

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.

Most Viewed in 24 Hours
BACK TO THE TOP
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: 久色一区| 免费高清毛片在线播放视频 | 国产男女爽爽爽免费视频 | 国产成人精品一区二三区2022 | 中文字幕国产欧美 | 久草在在线视频免费 | 成年午夜 | 国产网站黄 | 又黄又刺激下面流水的视频 | 亚洲国产高清视频在线观看 | 国产精品手机视频一区二区 | 性欧美在线 | 久热中文字幕在线精品免费 | 在线观看国产亚洲 | 成年女人黄小视频 | 香港av三级 | 天天视频一区二区三区 | 日韩第五页 | 成 人 动漫在线观看网站网站 | 亚洲国产精品成人午夜在线观看 | 韩国美女豪爽一级毛片 | 久久精品视频6 | 台湾精品视频在线播放 | 高清色黄毛片一级毛片 | 亚洲欧美精品网站在线观看 | 99久久伊人一区二区yy5o99 | 免费国产a国产片高清不卡 免费国产不卡午夜福在线 免费国产不卡午夜福在线观看 | 欧美视频精品一区二区三区 | 99re伊人 | 国产精选在线播放 | a毛片全部播放免费视频完整18 | 午夜亚洲| 美女午夜色视频在线观看 | 久久精品国产亚洲7777 | 男人的天堂在线观看入口 | 精品一区二区三区在线成人 | 国产小网站 | 欧美不卡在线视频 | 亚洲国产成人在人网站天堂 | 色综合久久88色综合天天小说 | 亚洲国产成人久久一区久久 |