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SAFE: CN Banking Sector Holds Net External Assets US$33.3B as of End-Jun
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China's State Administration of Foreign Exchange (SAFE) announced that as of the end of June 2024, China's banking sector held external financial assets of US$1.5190 trillion and external liabilities of US$1.4857 trillion, resulting in net external assets of US$33.3 billion. Of which, RMB net liabilities amounted to US$316.7 billion, while foreign currency net assets stood at US$350 billion. AAStocks Financial News |
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