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)

Google reportedly acquires Gamer Video Site Twitch.TV for $1 billion Jul 25, 7:46 pm
Washington, July 25 (ANI): Google has reportedly acquired Gamer Video Site Twitch.TV for a whopping 1 billion dollars.
Full Story
ITA felicitates Amity University students with " Italian machine tool technology award 2014" Jul 25, 6:52 pm
Noida, July 25 (ANI): Six prodigies from Amity School of Engineering brought laurels to their institution and the Nation by bagging the Italian Machine Tool Technology Awards (IMTTA) conferred by Italian Trade Agency, Delhi (ITA) in Italy.
Full Story
Amazon's $126m quarterly loss scares investors Jul 25, 6:52 pm
London, July 25 (ANI): Amazon has reportedly warned of slower sales in the current quarter after it incurred a loss of 126 million dollars in the second quarter.
Full Story
Wipro's Q1 profit up 29.6 percent Jul 25, 5:42 pm
Bangalore, July 25 (ANI): India's third-biggest IT services exporter, Wipro Limited, posted fiscal first-quarter profit up 29.6 percent and forecast a surge in revenue on the back of stronger spending on outsourcing by overseas clients.
Full Story
Comments

LATEST STORIES
TOP VIDEO STORIES
PHOTO GALLERY