International Reserves in China
China - International Reserves
The economy is likely losing momentum in the third quarter, hit by ongoing flooding, supply disruptions, curbs on the property sector and polluting industries, and some mobility restrictions. In August, credit growth continued to moderate, while the non-manufacturing PMI dropped into contractionary territory for the first time since April 2020. Moreover, the manufacturing PMI ticked down to a 19-month low in the same month as the global semiconductor shortage continued to sideline domestic vehicle production, while auto sales were down nearly 18% in August. On the Covid-19 front, although the tough restrictions imposed in late July have largely curbed the spread of the Delta variant in recent weeks, another outbreak in southern China emerged in early September, which should be weighing heavily on economic sentiment and could further hamper output at the tail end of Q3.China - International Reserves Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| International Reserves (USD) | 3,406 | 3,098 | 3,236 | 3,168 | 3,223 |
China International Reserves Chart
Source: People's Bank of China and FocusEconomics calculations.
China Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 3.17 | -0.40 % | Dec 31 |
| Exchange Rate | 6.96 | -0.19 % | Jan 01 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
-
China: Industrial output records lowest growth since March 2020 in September
October 18, 2021
Industrial output grew 3.1% compared to the same month of the previous year in September, which followed August's 5.3% increase.
-
China: Nominal fixed investment records slowest expansion since December 2020 in September
October 18, 2021
Nominal urban fixed asset investment grew 7.3% in year-to-date terms in September, which was a deterioration from August's 8.9% increase.
-
China: Retail sales growth gains steam in September
October 18, 2021
Retail sales expanded 4.4% year-on-year in September (August: +2.5% yoy).
-
China: Merchandise exports increase in September
October 13, 2021
Merchandise exports soared 28.1% year-on-year in September, on the heels of August’s 25.6% upturn and overshooting market expectations.
-
China: Credit growth eases further in September
October 13, 2021
In September, Chinese banks distributed CNY 1.7 trillion (roughly USD 260 billion) in new yuan loans, up from August’s 1.2 trillion figure. Annual growth in M2 money supply edged up from 8.2% in August to 8.3% in September, while annual growth in the stock of total social financing (TSF)—a broader measure of credit and liquidity in the economy that includes loans, bonds and other non-traditional instruments—was down from 10.3% to 10.0%.
© Copyright: 2021. | China International Reserves | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed
