JPMorgan Econ FI-China April FX reserves below expectations again Valuation ...-115251287

报告摘要

Asia Pacific Economic Research China: April FX reserves below Valuation effect a swing factor on asset price volatilities,

核心要点

07 May 2025

报告信息

文件全名: 《JPMorgan Econ FI-China April FX reserves below expectations again Valuation ...-115251287.pdf》
适合读者: 战略规划行业研究员
核心数据: price, gold reserves has reached US$243.6bn, 7.4% of total FX reserves (vs. 3.7%
China’s share in total foreign holdings of US treasuries down to 8.9% (vs the peak
of 28% in 2011). We have been flagging the general de-dollarization trend in
months, e.g. S&P 500 index dropped 1.4% in February, followed by a sharp slide by 5.8%
in March and a modest fall of 0.8% in April. According to the valuation effect data disclosed
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《JPMorgan Econ FI-China April FX reserves below expectations again Valuation ...-115251287》主要包含哪些内容?

Asia Pacific Economic Research China: April FX reserves below Valuation effect a swing factor on asset price volatilities,核心数据:price, gold reserves has reached US$243.6bn, 7.4% of total FX reserves (vs. 3.7%;China’s share in total foreign holdings of US treasuries down to 8.9% (vs the peak;of 28% in 2011). We have been flagging the general de-dollarization trend in。

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覆盖 2025 年,全文约 9。

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