Pages

Tuesday, April 5, 2011

China February added Exchange per cent drop over $ 214.5 billion

Xinhua Beijing, April 2 (reporter Yu Wang Wang Peiwei) 2nd President of the latest data show that February China added Exchange account for $ 214.523 billion, fell by 57%.

data also shows that by the end of February 2011, China's foreign exchange balances amounted to $ 23,295,685,000,000.

January added exchange of 501.6 billion yuan in China, is since October last year its second record high after the 30-month high of $ 519 billion.

analysts believe that the February Exchange incremental decline and the Chinese trade deficit for that month. According to previously published data-administration in February, China's trade deficit of US $ 7.3 billion, which is China's first trade deficit since March last year.