Key Highlights
- China's surplus reached $1.2 trillion.
- Investors in the non-official sector increased overseas asset holdings by over $1 trillion.
- This increase is more than double the average annual increase over the past decade.
The silent spillover: How China’s $1.2 trillion surplus could threaten global economic stability
China's substantial $1.2 trillion surplus has raised concerns about potential threats to global economic stability, particularly as investors in the non-official sector increased their overseas asset holdings by over $1 trillion in the first three quarters of the previous year, a figure that is more than double the annual average increase of the last decade.
People visit a market at the tourism site of Qianmen street in Beijing, China, on March 14, 2023. (Representational Photo,
Credit: Tingshu Wang/Reuters)
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Sources
This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.
