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China's net foreign financial assets hit 1.77 trl USD | | China's net foreign financial assets hit 1.77 trillion U.S. dollars as of the end of 2011, up from 1.68 trillion
U.S. dollars one year earlier, the country's top foreign exchange regulator said Monday. As of the end of last year, the nation's total foreign financial assets
hit 4.72 trillion U.S. dollars, while total foreign financial liabilities stood
at 2.94 trillion U.S. dollars, according to a statement posted on the State Administration
of Foreign Exchange's website. For the nation's foreign financial assets as of
the end of 2011, reserve assets stood at 3.26 trillion U.S. dollars, direct investment
stood at 364.2 billion U.S. dollars and securities investment reached 260 billion
U.S. dollars, the statement said. Of its liabilities, foreign direct investment
in China reached 1.8 trillion U.S. dollars and securities investment reached 248.5
billion U.S. dollars, according to the statement.
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