(MENAFN- emirates news agency (wam)) beijing, 30th june, 2023 (wam) -- external financial assets of china's banking sector reached us$1.57 trillion at the end of march, official data showed on thursday.
china's news agency, xinhua, reported that the banking sector's external financial liabilities stood at us$1.41 trillion at the end of march, resulting in us$153.9 billion of net external assets, according to data issued by china's state administration of foreign exchange.
in the external financial assets, deposit and loan assets reached about us$1 trillion dollars, accounting for 64 percent of the total, and bond assets stood at us$354.4 billion dollars, accounting for 23 percent of the total.
in the external liabilities, deposit and loan liabilities were us$823.1 billion or 58 percent of the total, while equity and other liabilities were us$366.3 billion or 26 percent of the total.
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