China's Sept exports grow 5.7%, trade surplus $84.74 billion, expands 29.9%, imports weak

[mili]

These forex got to go somewhere. I got an hypothesis that China is using record USD forex to help 3rd world to swap out USD denominated debt, in exchange that their debt is now Yuan denominated. I haven not research on these.

This is yet another major step of Yuan internationalization and death knell on USD.

OBOR

 

[leviathan]

You fail Pri schoo maths isnt it. These forex is denominated is USD. Devalue or not, does not matter.

I don't know why I even reply to your post. Need double check the flag. Should avoid talk to an uneducated viet at any cause. What a waste of my time.

招商证券首席宏观分析师谢亚轩对第一财经表示，8月外汇储备减少规模接近500亿美元，的确比较大，但这其中一半左右可以用汇率折算因素来解释。8月份美元指数明显走强，使得非美元储备资产有折算上的账面减少。而另一半则与全球金融市场的动荡有关系，过去一段时间，在美联储加息预期进一步增强的背景下，发达国家市场可谓股债“双熊”，也从账面角度影响了我国的储备规模。

强美元导致我国外汇储备账面减少，8月余额3.05万亿美元​

强美元导致我国外汇储备账面减少，8月余额3.05万亿美元

汇率折算和资产价格变化等因素综合作用，当月外汇储备规模下降。

m.yicai.com

 

[Song Hong]

I don't know why I even reply to your post. Need double check the flag. Should avoid talk to an uneducated viet at any cause. What a waste of my time.

招商证券首席宏观分析师谢亚轩对第一财经表示，8月外汇储备减少规模接近500亿美元，的确比较大，但这其中一半左右可以用汇率折算因素来解释。8月份美元指数明显走强，使得非美元储备资产有折算上的账面减少。而另一半则与全球金融市场的动荡有关系，过去一段时间，在美联储加息预期进一步增强的背景下，发达国家市场可谓股债“双熊”，也从账面角度影响了我国的储备规模。

强美元导致我国外汇储备账面减少，8月余额3.05万亿美元​

强美元导致我国外汇储备账面减少，8月余额3.05万亿美元

汇率折算和资产价格变化等因素综合作用，当月外汇储备规模下降。

m.yicai.com

Hey dude, dont listen to economist from investment bank. They are charlatan. Chinese holding of forex (using USD as accounting) is dropping these years with or without changes in dollar index.

Most China forex is US asset.

But one thing I did not point out because I dont want to go deep.

While notional value of US forex did not change much, the mark to market value drop tremendously. This is a way US waging financial terror against the whole world. Japan suffer most. But NO ONE is going to adjust the asset to mark to market value every quarter or even every year.

You think I dono.