May 8 - China’s foreign exchange reserves soar to $3.2 TRILLION

topics gone triple plat - Number 1 spot 3X PLAT

most viewed right now
+99  30
130 replies  @sports

section  x1   |  0 bx goons and 1 bystanders Share this on Twitter       Share this on Facebook

section news
 1 month ago '15        #1
514 page views

People Talk  topics gone triple plat - Number 1 spot x160
Props total: 136386 136 K  Slaps total: 17114 17 K
May 8 - China’s foreign exchange reserves soar to $3.2 TRILLION

Beijing has continued to increase its foreign exchange reserves – already the world's largest – boosting them by $28.15 billion in April from a month earlier, to a total of $3.198 trillion.

The increase was due to the US dollar's decline against other major currencies held in the reserves, along with rises in global a*set prices, China’s central bank said in a statement on Friday.

The Chinese yuan appreciated 1.2% against the dollar in April, while the greenback dropped 2.1% against a basket of major world currencies.

Foreign capital inflows to China also picked up in April, after the country posted record economic growth in the first three months of the year.

Data from the Institute of International Finance showed that China accounted for 95% of foreign net inflows to emerging market equities last month at $13.5 billion, though flows into Chinese debt eased.

Statistics also showed that China’s gold bullion reserves stayed unchanged from the end of March, at 62.64 million fine troy ounces. The value of China’s gold holdings rose to $110.73 billion at the end of April, from $109.18 billion at the end of March.

According to the regulator, China has posted a preliminary current account surplus of $75.1 billion in the first quarter of 2021, equivalent to 2% of GDP. Preliminary capital and financial account deficit stood at $75.1 billion in January-March.

visit this link https://www.rt.com/busine .. serves-growth/


 1 month ago '16        #2
foshoVoodoo  topics gone triple plat - Number 1 spot x34
Props total: 99949 99 K  Slaps total: 18843 18 K
tranny joe gonna be hating on china next week it's the kkk way

 1 month ago '12        #3
Props total: 3468 3 K  Slaps total: 1285 1 K
ya give ur money to the chinese n pray u get it back lol

 1 month ago '13        #4
boobalo1  topics gone triple plat - Number 1 spot x1
Props total: 15045 15 K  Slaps total: 1706 1 K
So they buying everybody’s debt

 1 month ago '11        #5
Sin  topics gone triple plat - Number 1 spot x30
Props total: 154043 154 K  Slaps total: 21588 21 K
 DannyStr8G said
ya give ur money to the chinese n pray u get it back lol

I have few thousand invested in Chinese stocks, I pray

 1 month ago '10        #6
Props total: 8217 8 K  Slaps total: 3355 3 K
fu*k China, they're responsible for this Covid sh*t. nasty fu*king people, eating anything that moves. Filthy, wretched people. They're government enable's that behavior, knowing about the dangers but does nothing to stop it. China has had the same culture for 2000 years, they will never change. Not surprised what they're doing. This was part of their diabolical plan all along. The west is soft and weak so China will continue with its agenda to fu*k everyone over and take what it wants.

 1 month ago '04        #7
d.c. supreme  topics gone triple plat - Number 1 spot x1
Props total: 29447 29 K  Slaps total: 1421 1 K
 boobalo1 said
So they buying everybody’s debt
technically yes, but to be more specific they're buying government bonds (in that currency) which helps both nations by 1) helping fund the selling nation and 2) investment and diversification for china. people view it as if china can suddenly call in the debt and bring a nation to their knees but that's not how it would happen, it would hurt that nation but it would simultaneously hurt china's investment as well. they wouldn't do it because it makes zero sense business wise. it's more like china making sure they have options; other currencies or commodities like gold just in case their other investments or their own currency eats sh*t. it's basically a backup plan, a hedge.

Sign me up


most viewed right now
+59online now  19
Rapper Blueface Opened His Own Soul Food Restaurant In Santa Clarita, Californ..
1 day ago
most viewed right now
+97online now  10
Video inside Bill Maher vs Kevin Hart
1 day ago
most viewed right now
+22online now  9
Image(s) inside To the brother who told us about Shib god bless you!
2 days ago
most viewed right now
online now  4
Video inside Jun 15 - More evidence suggests COVID-19 was in US by Christmas 2019
1 day ago
back to top
register register Follow BX @ Twitter search BX privacyprivacy