e-magazine
The Hot Zone
China's newly announced air defense identification zone over the East China Sea aims to shore up national security
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Expert's View
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Expat's Eye
Health
Science/Technology
Lifestyle
Books
Movies
Backgrounders
Special
Photo Gallery
Blogs
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links

cheap eyeglasses
Market Avenue
eBeijing

Hot Topics
Special> NPC & CPPCC Sessions 2012> Hot Topics
UPDATED: March 12, 2012
China to Continue Diversifying Holdings of Foreign Bonds
Share

China's chief foreign exchange regulator said Monday China will continue to implement the principle of diversifying its investment in foreign bonds, saying its holdings of eurozone bonds did not register losses as a portfolio.

Yi Gang, head of the State Administration of Foreign Exchange (SAFE), made the remarks in response to a question on China's holdings of Greek bonds and other euro assets at a press conference on the sidelines of the ongoing annual parliament session.

Yi reiterated China's confidence in Europe despite the current debt crisis, saying China will continue to be a "long-term and responsible" investor in Europe.

In terms of the value of China's investment portfolio in eurozone bonds, Yi said revenues of China's eurozone portfolio still beat the inflation in Europe despite the ongoing debt crisis.

Yi stressed risk control will be the priority of China's foreign exchange investment, with the emphasis on safety, liquidity and potential revenues.

(Xinhua News Agency March 12, 2012)



 
Top Story
-Protecting Ocean Rights
-Partners in Defense
-Fighting HIV+'s Stigma
-HIV: Privacy VS. Protection
-Setting the Tone
Most Popular
 
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved