China’s business banks bought a internet
China’s business banks bought a internet $5.6 billion price of overseas trade in November, up from internet gross sales of $4.Four billion in October, official knowledge confirmed Friday.
The State Administration of Overseas Trade stated Chinese language banks bought a internet $58.2 billion price of overseas trade within the first 11 months of the 12 months.
Wang Chunying, a spokeswoman with SAFE, stated in an announcement that the foreign-exchange gross sales knowledge pointed to steady cross-border capital flows, which must be sustained because of an preliminary commerce deal just lately introduced by the U.S. and China.
Supply: Dow Jones