new
or
You are here : Stone Home > Info Center > Financial News > China frets over rising capital inflow pressure

China frets over rising capital inflow pressure

Updated:2010-05-18 17:10:21

Capital inflows are placing big pressure on China this year, as domestic companies and banks repatriate large volumes of foreign currency, a senior official said in remarks published yesterday.

Guan Tao, who heads the international balance of payments department at the State Administration of Foreign Exchange , said that ultra-low interest rates in the United States were also fuelling a global dollar carry trade that was channeling more funds to China. Guan suggested that Chinese players were the main drivers of these flows, looking to take advantage of both yuan appreciation and low U.S. rates.

 


Source: Shenzhen Daily

 

Premium Related Products
garden gazebo
Price:Negotiation
FranceFrance
garden gazebo
garden gazebo
Price:Negotiation
Origin:France
Categories:Limestone
7 de Carreau
FranceFrance
Crema Marfil Zafra
Crema Marfil Zafra
Price:Negotiation
Origin:China
Categories:Limestone
DONGGUAN RESPLENDENCE STONE CO.,LTD
ChinaChina
Onyx Vase, Stone artworks, Artifacts, Handcrafts
Onyx Vase, Stone artworks, Artifacts, Handcrafts
Price:Negotiation
Origin:China
Categories:Onyx
GMF Gmbh
ChinaChina
Browse by: Stone Manufacturers | All Products | For Buyers | For Sellers | Suppliers | Stonebtb.com International | Stonebtb.com China | Site Map
About Us | Stonebtb Service | Contact Us | Our Partners | Video | Exchange Link | Terms of Use
Copyright 2007-2018 Stonebtb.com All rights seserced