ecns [expanded by feedex.net]: China's capital inflows up in May

ecns [expanded by feedex.net]

ecns

China's capital inflows up in May
http://www.ecns.cn/business/2013/06-15/68489.shtml
Jun 14th 2013, 23:20



2013-06-15 08:20 Xinhua Web Editor: Mo Hong'e


China's forex purchase position reached 27.430 trillion yuan (4.44 trillion U.S. dollars) at the end of May,marking the sixth straight month of rises, the People's Bank of China announced Friday.


The figure resulted in a net increase of 66.86 billion yuan from April's 27.363 trillion yuan, suggesting continuous capital inflows amid continued bets on yuan appreciation, according to the bank.








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