My foreign reserve balance first exceed 2 trillion dollars

China's foreign-exchange reserves grew by about $177.9 billion in the two quarter, compared with a 7.7 billion-dollar increase in the first quarter, with a two-quarter increase of 22 times-fold in the first quarter, according to the Central bank yesterday.　　Meanwhile, at the end of April this year, the external reserve balance exceeded the 2 trillion dollar mark for the first time. The official does not agree with "30 billion hot money reflux" reference to the June credit statistics in the "Days" of growth, the PBoC disclosed yesterday that the two-quarter foreign exchange reserve figures again exceeded market expectations.　　In the second quarter, the country's foreign exchange reserves grew by about $177.9 billion trillion, while the first quarter grew by only 7.7 billion U.S. dollars, and the two-quarter external reserve increased 22 times times more than a quarter, making economists collectively surprised.　　30 billion dollars is "hot money"?　　Affected by the international financial crisis, China's foreign exchange reserves last October, the first negative growth in nearly 5 years, this decline has been extended to this February. Monthly data from the central bank revealed that the balance of foreign exchange reserves in January-June this year was about $1.9135 trillion trillion, $1.9121 trillion, $1.9537 trillion, $2.0089 trillion, $2.0895 trillion and 2.1316 trillion dollars. At the end of April this year, the balance of reserves exceeded the 2 trillion dollar mark for the first time.　　In terms of one-month increments, the reserves were reduced by about $30 billion trillion in January and negative in February, but starting in March, rising at a rate of tens of billions of dollars a month, growth has returned to the level before the international financial crisis, with a record increase of 80.6 billion dollars in May. From March to date, China's stock market and real estate markets to warm, and quickly to hot, this and foreign exchange reserves soared time coincided. Stephen Green, a senior economist at Standard Chartered Bank (China), believes that international hot money may be returning to China, spurred by signs of China's hyper-easing monetary policy and asset bubbles. In general, the trade surplus, foreign direct investment (FDI) and overseas investment returns are the main components of the increase in foreign exchange reserves.　　　　In addition to these normal factors, according to Green's comprehensive calculations, China's foreign-exchange reserves have huge "unexplained parts": A 56 billion dollar "unexplained" foreign exchange outflow in the first quarter, and a 30 billion dollar "unexplained" foreign exchange inflow in the second quarter. The Commerce ministry says the surge in foreign exchange reserves, which is hard to break, has already had an impact on the money supply, fuelling ample liquidity in the financial system. When foreign exchange funds enter China to change into renminbi, banks need to put the corresponding renminbi to the market, which constitutes foreign exchange accounts.　　According to data released yesterday by the central bank, new foreign exchange accounts for the financial institutions in May amounted to 242.6 billion yuan, the first time this year to break 200 billion yuan, the average of the first 4 months is only about 140 billion yuan per month. At present, the government regulatory authorities do not agree with the "hot money reflux" reference. Chinese trade spokesman Yao Jian said yesterday that the increase or decrease in foreign exchange reserves was a concrete manifestation of economic activity, with a surplus of $90 billion trillion in the first half of the year and manufacturingA lot of foreign capital inflow, so the growth of foreign exchange reserves and reached a record high does not represent the influx of hot money overseas. At the end of last month, Tao Tao, deputy director of the State administration of foreign exchange's balance of payments, said publicly that net inflows of foreign currency were still declining compared with a year earlier, with only a rise in the month, not because of an increase in foreign exchange inflows, but because of a reduction in outflows, which makes it difficult Morning News reporter Li Joe