三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

  Home>News Center>China
       
 

China's forex reserves up to US$818.9b
(Reuters/Xinhua)
Updated: 2006-01-15 16:59

Tariff threats

Some U.S. senators are threatening to slap a 27.5 percent tariff on Chinese imports unless Beijing revalues substantially, and Subbaraman said such protectionism would grow if the U.S. economy started to slow.

"China's new exchange rate regime has kept the China critics quiet for a while, but I think the honeymoon period's coming to an end pretty soon," Subbaraman said.

Breaking down the figures for the fourth quarter, the central bank said reserves grew $24.7 billion in December, $9.3 billion in November and $15.9 billion in October.

Tang Xu, director-general of the central bank's research department, told Reuters on Jan. 10 that the bulk of China's reserves were invested in dollar assets and scotched speculation that Beijing was selling its current dollar holdings to diversify into other currencies.

The central bank did not say whether the reserves total excluded $8.8 billion in currency swaps that it carried out with domestic banks in November and December.

Even if that sum is added to the headline figure, the rise in reserves is not much more than the combined total of $50.6 billion from China's fourth-quarter trade surplus of $33.5 billion and foreign direct investment inflows of $17.1 billion.

Subbaraman said this showed that little of the increase was due to speculative inflows betting on a stronger yuan: "There's probably not much left over in the figures for hot money."

The central bank also said annual growth in the broad M2 measure of money supply slowed to 17.6 percent in December from 18.3 percent in November. It was the first dip since February.

The bank said it had used a medley of monetary tools to reasonably adjust money supply in 2005, achieving what it called significant results.

"Stable financial operations last year helped promote the sustained, fast, coordinated and healthy development of the national economy," the central bank said.

But the growth rate was much stronger than the 14.6 percent pace of December 2004 and outstripped the bank's 17 percent target for the year.

"It's still a fast pace and that's partly to do with the difficulty in managing this very large balance of payments surplus because part of it is spilling over into the money supply," Subbaraman said.


Page: 123



Busy season for farmers in subtropical Guangxi
Castro on Chinese train
Great minds
  Today's Top News     Top China News
 

Major cities eye balanced growth for next 5 years

 

   
 

Beijing's approach 'appeals to Taiwan people'

 

   
 

China's interest in Africa no 'threat' - US

 

   
 

US teens surrender in homeless beatings

 

   
 

China may merge A-share, B-share markets

 

   
 

Thousands join campaign to name pandas

 

   
  China forex reserves rose to US$ 818.9b in 2005
   
  Thousands join campaign to name pandas
   
  China may merge A-share, B-share markets
   
  New figures cast doubt on mine closures
   
  Families of haj fatalities to get compensation
   
  Model village to teach others how to improve
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 麻豆国产在线视频 | 色综合中文字幕天天在线 | 韩国特黄色免费 | 国产精品你懂的在线播放调教 | 永久福利盒子日韩日韩免费看 | 91精品网站 | 国内精品一区二区三区东京 | 国产在线91精品入口首页 | 黄网免费在线观看 | 欧美在线视频二区 | 亚洲日本欧美综合在线一 | 中国女人真人一级毛片 | 情趣色视频网站 | 国产欧美日韩在线人成aaaa | 美女自抠| 天天综合亚洲国产色 | 亚洲黄色三级 | 玛雅视频网站在线观看免费 | 国产高清在线精品一区二区 | 在线成人天天鲁夜啪视频 | 异族中国vs黑人 | 亚洲a成人7777777久久 | 国产一区二区三区久久精品 | 国产精品视频一区二区噜噜 | 在线观看欧美三级 | 两性色午夜视频自由成熟的性 | 日韩欧美国产一区二区三区四区 | 久久夜色精品 | 国产黄色录像 | 涩涩快播 | 翔田千里中文在线播放 | 国产在线播放网址 | 永久免费的啪啪免费的网址 | 超91精品手机国产在线 | 国产剧情麻豆mv在线观看 | 国产免费高清无需播放器 | 国产理论| v2ba永久地址在线观看 | 亚洲精品麻豆一区二区 | 色视频亚洲 | 亚洲欧美综合色区小说 |