Home Business China International Culture��Edu Sci��Tech Sports Life Travel P
hotos
��Search
China Observer
�� China's wish list
�� Culture of romantic dates stimulates HK economy
�� Survey of Beijing's rich residents
Photos
�� Miss Intercontinental making Huizhou ink stick
�� Hong Kong Book Fair 2005 kicks off
�� Miss Bikinis in Guangzhou
��Home>>
Taiwan's forex reserves ranks world No3
www.chinanews.cn 2005-07-21 14:36:43
Chinanews, July 20 - Statistics released by Taiwan's Directorate General
of Budget Accounting and Statistics on July 19th indicate that judging
from statistics of foreign exchange reserves excluding gold, at the end
of this June, Taiwan's foreign exchange reserves were 253.615 billion
USD, making the region rank No. 3 in the globe after Japan and Mainland
China. Its foreign exchange reserves can back up 17.3 months of imports,
ranking next to Japan in the world.
According to Taiwan's Central News Agency, based on information from
"International Financial Statistics" by the International Monetary Fund
and from the Central Bank, the Directorate General of Budget Accounting
and Statistics gave a statistical report which reads that in the past
decade, Germany's foreign exchange reserves excluding gold decreased 28.6
billion USD, Italy's declined 5.9 billion USD, while forex reserves of
all other major countries saw uptrend.
At the end of 2004, foreign exchange reserves of Japan were 833.9 billion
USD, topping other countries in the world, growing sharply by 708 billion
USD compared with the amount of 125.9 billion USD at the end of 1994,
with the growth rate ranking first in the globe. Mainland China's foreign
exchange reserves accumulated rapidly due to continued surplus of foreign
trade and influx of foreign investment, reaching 614.5 billion USD at end
of 2004, ranking No. 2 in the world.
��Forex reserves growing, RMB rate stable (2005-07-15)
��China's forex reserves likely to rank first (2005-07-15)
��China does not want large forex rises (2005-06-03)
Copyright� 2004 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
Disclaimer: viewpoints in the website do not represent China News Service
Learn Chinese, Chinese Mandarin, Learning Materials, Mandarin audio lessons, Chinese writing lessons, Chinese vocabulary lists, About chinese characters, News in Chinese, Go to China, Travel to China, Study in China, Teach in China, Dictionaries, Learn Chinese Painting, Your name in Chinese, Chinese calligraphy, Chinese songs, Chinese proverbs, Chinese poetry, Chinese tattoo, Beijing 2008 Olympics, Mandarin Phrasebook, Chinese editor, Pinyin editor, China Travel, Travel to Beijing, Travel to Tibet
No comments:
Post a Comment