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Chinese banking sector's net external liabilities at $107.2b
Updated: October 3, 2021 14:38 Xinhua

BEIJING — China's banking sector had $1.5415 trillion of external financial assets, while its external liabilities stood at $1.6487 trillion, resulting in net external liabilities of $107.2 billion at the end of June.

In the external financial assets of the sector, deposits and loans stood at $1.1402 trillion, or about 74 percent of the total, and bonds reached $210.4 billion or 14 percent of the total, said the State Administration of Foreign Exchange.

In terms of currencies, RMB assets were $205.6 billion, accounting for 13 percent, while US dollar assets were $1.0462 trillion, accounting for 68 percent.

In the external liabilities, deposit and loan liabilities were $900.4 billion, accounting for 55 percent, and bond liabilities were $325.8 billion, accounting for 20 percent of the external liabilities.

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