China's net foreign financial assets hit 1.77 trl USD

   Apr 23, 4:49 pm

Beijing, April 23 (Xinhua-ANI): China's net foreign financial assets hit 1.77 trillion U.S. dollars as of the end of 2011, up from 1.68 trillion U.S. dollars one year earlier, the country's top foreign exchange regulator said Monday.

As of the end of last year, the nation's total foreign financial assets hit 4.72 trillion U.S. dollars, while total foreign financial liabilities stood at 2.94 trillion U.S. dollars, according to a statement posted on the State Administration of Foreign Exchange's website.

For the nation's foreign financial assets as of the end of 2011, reserve assets stood at 3.26 trillion U.S. dollars, direct investment stood at 364.2 billion U.S. dollars and securities investment reached 260 billion U.S. dollars, the statement said.Of its liabilities, foreign direct investment in China reached 1.8 trillion U.S. dollars and securities investment reached 248.5 billion U.S. dollars, according to the statement. (Xinhua-ANI)

Apple now worth 700 billion dollars after stocks hit all-time high Nov 26, 4:40 pm
Washington, Nov 26 (ANI): Apple is now worth a whopping 700 billion dollars after its stocks reached an all-time high on Tuesday.
Full Story
Emirates introduces special fares from India Nov 26, 2:08 pm
Thiruvananthapuram, Nov.26 (ANI):Emirates has announced a limited period sale starting from November 25 to December 4, 2014.
Full Story
Blackberry to offer 550 dollars to people who switch from iPhone to Passport model in U.S., Canada Nov 26, 1:54 pm
London, Nov 26 (ANI): Blackberry will be offering up to 550 dollars to customers who would switch to its latest Passport model from iphones as the company fights to regains its lost glory.
Full Story
NEC India deploys advanced face recognition security solution at Aero City's Lemon Tree Hotel Nov 26, 1:33 pm
New Delhi, Nov.26 (ANI): NEC India Pvt. Ltd., a leading network and IT solution provider, along with NEC Corporation, completed the deployment of a high performance Face Recognition Solution (FRS) at the Lemon Tree Premier Hotel in the Delhi Airport complex recently.
Full Story
Comments

LATEST STORIES
TOP VIDEO STORIES
PHOTO GALLERY