Business / Macro

China's external financial assets surpass $6 trillion

(Xinhua) Updated: 2014-06-26 09:23

BEIJING - China's external financial assets reached $6.13 trillion by the end of March this year, the State Administration of Foreign Exchange said on Wednesday.

External liabilities stood at about $4.14 trillion by then, the foreign exchange regulator said in a statement on its website.

China's direct investment overseas was $621.5 billion, accounting for 10 percent of external financial assets while reserve assets were registered at $4.01 trillion, 65 percent of the total amount, the statement said.

As regards foreign liabilities, foreign direct investment in China was $2.42 trillion, 58 percent of the total, the statement said.

China's external financial assets surpass $6 trillion China's external financial assets surpass $6 trillion
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