Investment inflow and outflow drop sharply
Updated: 2013-08-14 15:16
(cntv.cn)
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Foreigners are holding more yuan deposits, according to data from China's forex regulators.
At the end of June, non-residents held 1.07 trillion yuan of deposits --up 69 billion yuan from the end of the first quarter. The volatile figures are in investment -- direct inbound investment was $442 million in the second quarter, shrinking 70 percent from the previous quarter. Outbound investment amounted to just $135 million in Q2, a mere 5 percent of first quarter's number.
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