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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Foreign investors continue to increase their holdings of Chinese bonds

    Rocky
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    • Post n°1

    Foreign investors continue to increase their holdings of Chinese bonds Empty Foreign investors continue to increase their holdings of Chinese bonds

    Post by Rocky Sun 23 Jul 2023, 5:27 am

    [rtl][size=33]Foreign investors continue to increase their holdings of Chinese bonds[/size][/rtl]





    [rtl]WRITTEN BY: CAIROEDITOR[/rtl]


    • 22-07-2023




    [rtl]The China National Foreign Exchange Commission, the foreign exchange regulator, announced that foreign investors continued to increase their holdings of inland Chinese bonds over the course of May and June.
    Wang Chunying, deputy head of the State Administration of Foreign Exchange, said at a press conference that foreign investors' net purchase of yuan-denominated bonds traded between Chinese banks amounted to $79 billion during the first half of this year.
    And the new China News Agency (Xinhua) quoted Wang as saying that foreign institutions increased their holdings of Chinese bonds in the interbank market during the month of June alone by more than 11 billion US dollars, in an increase for the second month in a row.
    "The Chinese bond market has become a major choice for global investment planning for foreign institutions," Wang said, adding that more than 1,100 foreign institutions had entered the country's interbank bond market by the end of June 2023.
    Data released by the National Bureau of Statistics, last Monday, showed that China's gross domestic product grew by 5.5 percent year-on-year during the first half of 2023, to reach 59.3 trillion yuan (about $8.3 trillion), while the country's gross domestic product increased by 6.3 percent year-on-year during the second quarter.
    And the official in the National Development and Reform Commission, Li Hui, stressed that “the Chinese economy enjoys a great deal of flexibility, potential and dynamism, in addition to that its foundations that will maintain long-term growth have not changed,” pointing to the increasing positive factors that promote comprehensive economic improvement.
    He added, in press statements, that China's integrated industrial system, abundant resources, and enhanced industrial and supply chain security helped enhance the resilience of the Chinese economy and its resistance to shocks, according to the China News Agency (Xinhua).
    Li said that China also has the largest consumption potential in the world, with strong demand for investment in public services, infrastructure and other fields, as well as increasing the competitiveness of its export products and services.
    He added that China enjoys the confidence, conditions and ability to continue to improve its economic structure, enhance growth engines and make progress in its economic development through the implementation of various policies. However, he warned that the country's economy is facing some risks and challenges and that the basis for a sustainable recovery is not solid, saying that unstable and uncertain factors, such as the complex global political and economic situation and the pressure resulting from the downward trend of the global economic situation, will also affect the country.
    https://albaghdadiatv.com/%d8%a7%d9%84%d9%85%d8%b3%d8%aa%d8%ab%d9%85%d8%b1%d9%88%d9%86-%d8%a7%d9%84%d8%a3%d8%ac%d8%a7%d9%86%d8%a8-%d9%8a%d9%88%d8%a7%d8%b5%d9%84%d9%88%d9%86-%d8%b2%d9%8a%d8%a7%d8%af%d8%a9-%d8%ad%d9%8a%d8%a7/[/rtl]
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