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)

Gold demand falls as price slips from 21-month high on global cues Feb 13, 5:59 pm
New Delhi, Feb 13 (ANI): Prices of gold witnessed a 21-month high by plunging Rs. 600 to Rs. 29,050 per ten grams at the bullion market today on weak cues from overseas markets amid fall in demand from jewellers at existing levels.
Full Story
Cinepolis strengthens foothold with new multiplex in Chandigarh Feb 13, 4:43 pm
New Delhi, Feb 13 (ANI): India's 1st international exhibitor Cinepolis is all set to offer an unmatched experience of movie-watching for cinema lovers in Chandigarh. The world's fourth largest multiplex has enhanced its presence in Chandigarh with the launch of a state-of-the-art property in TDI Mall.
Full Story
Air India Express to start flights to Ras al-Khaimah International Airport Feb 13, 4:24 pm
Ras al Khaimah, Feb.13 (ANI): Ras al-Khaimah International Airport has announced that Air India Express, India's leading low cost carrier, will start flights to the northern UAE emirate from March this year.
Full Story
Comments