China: Local RMB financial assets amount to USD582B


(MENAFN) According to data from China's central bank, local RMB financial assets managed by foreign entities amounted to 3.76 trillion yuan (about USD582 billion) at the end of June.

The People's Bank of China confirmed that local bonds ran by foreign entities reached 3.84 trillion yuan at the end of June.

Opening-up has secured a vital stance in China's policy design from the time when it began launching its market to the world before 40 years, that position does not change yet against the backdrop of the global epidemic, including the rollout of new opening-up rules.

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