综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

chinadaily.com.cn
left corner left corner
China Daily Website

Office established to handle forex reserve loans

Updated: 2013-01-14 15:59
( Xinhua)

China has accumulated the world's largest holding of foreign exchange reserves on the back of trade booms and cash inflows.

While the massive stockpile plays its role in meeting the country's demand for foreign exchange, it also faces increasing risks of devaluation amid the yuan's rising exchange rates against major foreign currencies.

China's forex reserves were mainly invested in the treasury bonds and financial debts of a few countries. The quantitative easing monetary policies implemented by the developed economies, however, have squeezed the reserves' profit margins in recent years, said Zhao Qingming, an economist with China Construction Bank.

As Chinese enterprises purchase assets abroad more frequently, their needs for foreign exchange also increase. Making trusted loans from the forex reserves could not only help those enterprises, but also increase the reserves' investment margins, he noted.

Compared with treasury bond investments, trusted loans certainly have higher risks. But opening up a new mode of investment is essentially a means to diversify risks, said Zhang Bin, a researcher with the Chinese Academy of Social Sciences.

At the SAFE's annual work meeting held last week, it said better management of the forex reserves will be a major task this year.

To expand the use of its hefty reserves, the country set up the China Investment Corporation (CIC), the nation's sovereign wealth fund, in September 2007 with registered capital of $200 billion.

It has invested in commercial and infrastructure projects such as Heathrow Airport Holdings in Britain.

A Video features a CPPCC member's earlier proposal on how to use China's forex reserve

Zhang Xiaoji: Forex reserve should fund companies going overseas

Special Coverage

Office established to handle forex reserve loans

You may also want to read

Peak strives to reach top of US market

Haier takes big stake in Fisher & Paykel

Pengxin completes New Zealand dairy farms purchase

Previous Page 1 2 Next Page

 
 
...
荔波县| 六盘水市| 庐江县| 灵武市| 崇州市| 龙州县| 遂平县| 贺州市| 任丘市| 电白县| 江门市| 西丰县| 铁岭市| 罗源县| 峨眉山市| 峨山| 小金县| 商南县| 介休市| 礼泉县| 大英县| 黎平县| 谷城县| 锦州市| 射洪县| 汨罗市| 嘉兴市| 浮山县| 霍州市| 巴青县| 宣威市| 沂南县| 龙陵县| 永德县| 景泰县| 桂东县| 延长县| 高阳县| 武安市| 彭水| 琼中|