日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / higherlist

Experts: Capital outflow bearable

By Wang Yanfei | China Daily | Updated: 2016-10-08 07:23

Experts: Capital outflow bearable

A Chinese clerk counts US dollar banknotes over yuan notes at a bank in Huaibei, East China's Anhui province, Jan 22, 2015. [Photo/IC]

China's foreign exchange reserve shrank for the third consecutive month in September, but the capital outflow pressure is still within reasonable range, economists said.

The reserve, the world's largest, stood at $3.17 trillion in September, down by $18.79 billion from August, data from the People's Bank of China, the central bank, indicated on Friday.

The latest figure was released after Yi Gang, the bank's deputy governor, said on Thursday in Washington that China's economic growth remains robust, with an annual rate forecast at 6.5 percent to 7 percent.

Su Jian, an economics professor at Peking University, said the country's reserve "remains adequate and is way above what is needed to cope with external challenges".

He attributed the monthly decline to a possible interest rate increase in the United States.

"Outflow pressure does exist with lingering market expectations for near-term depreciation of the yuan," said Su, referring to the US Federal Reserve's potential interest rate hike in December.

But Xie Yaxuan, chief economist at China Merchants Securities Co, said China is able to cope with external uncertainties.

"The capital outflows are not that worrisome," said Xie, adding that the yuan has become more volatile after the central bank adopted a more market-orientated central parity rate system in August last year.

Zhao Yang, chief China economist at Nomura Holdings Inc in Hong Kong, said seasonal factors were also behind the shrinking foreign exchange reserve, as Chinese tend to purchase foreign currency before the National Day holiday.

Xie said the yuan's recent inclusion in the International Monetary Fund's Special Drawing Rights basket would not have a major impact on the two-way capital flows.

He dismissed concerns over potential capital flight in conjunction with the yuan's internationalization process after the SDR inclusion.

Xie said he expected that China's foreign exchange reserve will continue to shrink in the near future, but at a slower pace, as capital inflows will tend to increase slightly after the yuan's SDR inclusion.

Most Viewed in 24 Hours
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 激情久久网 | 亚洲一区在线免费观看 | 五月网婷婷 | 色七七桃花影院 | 久久久久久久久久久国产精品 | 毛片最新网址 | 深夜福利成人 | 女教师淫辱の教室蜜臀av软件 | 人人cao | 久久青草视频 | 神马久久av | 色国产精品 | 亚洲私人影院 | 免费av看 | 成人免费激情视频 | 国产黄网在线观看 | 小泽玛利亚av在线 | 日韩一区二区在线播放 | 在线播放a | 欧美黄色a级 | 美国黄色a级片 | 中文字幕综合在线 | 国产精品免费观看视频 | 亚洲国产影院 | 国产成人精| 91视频99| 99久久久久成人国产免费 | 国产中文字幕在线观看 | 亚洲一区二区三区在线播放 | 懂色av蜜臀av粉嫩av分享吧 | 成人久草| 神马午夜精品95 | 销魂奶水汁系列小说 | 毛片在线免费观看视频 | 亚洲三级小视频 | 久久全国免费视频 | 超碰在线观看99 | 欧美日韩在线一区二区三区 | av大片在线观看 | 色资源在线观看 | 97中文字幕在线观看 |