China’s banking sector had 1.5186 trillion U.S. dollars of external financial assets and 1.3522 trillion dollars of external liabilities at the end of 2022, resulting in net external assets of 166.5 billion dollars, new data showed Thursday.
In terms of external financial assets, deposits and loans reached 988.3 billion dollars, accounting for 65 percent of the total, and bonds stood at 330.4 billion dollars, accounting for 22 percent of the total, the State Administration of Foreign Exchange said.
In terms of currencies, RMB assets were 294.4 billion dollars, accounting for 19 percent, while U.S. dollar assets stood at 938.4 billion dollars, accounting for 62 percent.
In the case of external liabilities, deposit and loan liabilities were 760.6 billion dollars, accounting for 56 percent, and bond liabilities amounted to 230.7 billion dollars, accounting for 17 percent of the external liabilities.