日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

South Korea's central bank weighs purchase of yuan assets

Updated: 2012-01-19 07:56

By Li Xiang (China Daily)

  Comments() Print Mail Large Medium  Small

BEIJING - South Korea said on Wednesday that it might invest part of its $300 billion in foreign-exchange reserves in yuan-denominated assets, which analysts said was a sign of the growing global role of the Chinese currency.

Choo Heung-sik, director-general of the Bank of Korea's (BOK, the central bank) reserve management group, was quoted by Bloomberg News as saying that the investment was part of South Korea's plan to diversify its foreign reserves.

Choo said the investment would be made gradually and from a long-term perspective.

He added that the initial investment wouldn't be "big" and might start with Chinese government bonds.

South Korea thus becomes the second developed economy, after Japan, with plans to buy yuan-denominated assets with its foreign-exchange reserves and add the Chinese currency to its reserves.

"Compared with the US and Europe, which are faced with systemic financial risks, China's economic growth remains robust and yuan-denominated assets are still attractive products for investment by foreign governments," said Guo Tianyong, director of the Research Center of the Chinese Banking Industry at the Central University of Finance and Economics.

The BOK obtained a Qualified Foreign Institutional Investor (QFII) license in late December and has gained the approval of its counterpart, the People's Bank of China, to buy bonds, Choo was quoted by Bloomberg as saying.

The National Pension Service, the largest investor in South Korea, recently said that it received approval from China to invest in the Chinese securities market. Korea Investment Corp, the country's sovereign wealth fund, also said that it had received a QFII license.

Last month, Japanese Prime Minister Yoshihiko Noda announced plans during his visit to China to buy Chinese government bonds. Media reports said that the investment might be worth about $10 billion.

Japan's investment would be the first time that a developed economy used its foreign reserves to buy yuan-denominated assets.

Analysts said that Japan's move represented a significant step for the internationalization of the yuan, transforming it from a trade settlement currency to a reserve unit.

Chen Zhiwu, economics professor at Yale University, said that the purchase of Chinese government bonds by Japan and South Korea reflected China's increasing investment and trade relationships with the two countries.

However, Chen said, "the increasing foreign purchase of the yuan-denominated assets could put a burden on China's own huge foreign reserves.

"So it is unlikely for the yuan to become a true global reserve currency as long as China's trade surplus remains high."

主站蜘蛛池模板: 日韩黄色高清视频 | 日本美女黄色一级片 | 伊人国产在线观看 | 日韩在线综合 | 欧美第七页 | 中文字幕在线观看网站 | 精品国产三级 | 日韩少妇毛片 | 日本男女啪啪 | 国产精品字幕 | 午夜影院h | 亚洲天堂成人在线 | 亚洲国产成人在线视频 | 国产精品毛片va一区二区三区 | 青草全福视在线 | 一级片手机在线观看 | 中文字幕免费在线观看视频 | 黄色小视频在线看 | 国模av| 国产精品视频在线看 | 欧美一区二区激情视频 | 日韩精品国产精品 | a级在线 | аⅴ天堂中文在线网 | 国产在线观看91 | 青草超碰| 亚洲一区二区三区视频在线 | www狠狠| 免费国产在线视频 | 操人小视频| 毛片毛片毛片毛片毛片毛片毛片 | 宅男噜噜噜66一区二区 | 日韩在线观看免费网站 | 91午夜影院| 精品乱子伦一区二区 | 色女人网站| 欧美aaaaaaaaa | 欧美一区二区成人 | 欧美成人精品在线 | 一区二区免费视频 | 久久久久免费观看 |