China's External Financial Assets Remain High

Genie's Foreign Financial Assets Maintain High Level
China's External Financial Assets Remain High

“China's Balance of Payments Report for the First Half of 2022” published by the State Foreign Exchange Administration of China shows that at the end of June 2022, China's external financial assets remained basically stable, with its external financial assets amounting to $99,156,3 billion, while its external debt amounted to $77,074,6 billion.

In the report, it is noted that foreign net assets are $ 2021 billion, an increase of 5 percent compared to the end of 22.081.6. According to the report, at the end of June 2022, China's reserve assets amounted to US$35 billion, accounting for 33.246.6 percent of the country's total foreign financial assets, and continued to rank first in foreign countries. Direct investment assets amounted to US$28 ​​billion, accounting for 22.603 percent of total assets, an increase of 2021 percentage points from the end of 0.7. Securities investment assets, on the other hand, reached $11.019.6 billion, an increase of 0.6 percentage points compared to last year.

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