ABD y\u00f6netimi \u00c7in \u00fcr\u00fcnlerine g\u00fcmr\u00fck vergisi uygulaman\u0131n yan\u0131 s\u0131ra ABD piyasalar\u0131nda i\u015flem g\u00f6ren \u00c7in hisselerini de devre d\u0131\u015f\u0131 b\u0131rakmak gibi se\u00e7enekleri de\u011ferlendiriyor.<\/p>\n

Pekin y\u00f6netimi de buna kar\u015f\u0131l\u0131k d\u00f6viz rezervlerini \u00e7e\u015fitlendirmek ve \u201cg\u00f6lge rezervler\u201d olu\u015fturmak suretiyle \u00f6nlem al\u0131yor.<\/p>\n

ANZ Bankac\u0131l\u0131\u011f\u0131n raporuna g\u00f6re, \u00c7in\u2019in rezervinde dolar cinsinden para birimi h\u00e2l\u00e2 \u00f6nemli oranda olsa da, di\u011fer para birimleri h\u0131zla art\u0131yor. ANZ, \u00fclkenin d\u00f6viz rezervlerinde dolar\u0131n pay\u0131n\u0131n Haziran itibariyle y\u00fczde 59 oldu\u011funu tahmin ediyor.<\/p>\n

\u00c7in\u2019in dolar d\u0131\u015f\u0131nda hangi para birimlerine yat\u0131r\u0131m yapt\u0131\u011f\u0131 bilinmese de, ANZ\u2019nin tahminlerine g\u00f6re bunlar Paund, Japon yeni ve Avro.<\/p>\n

\u00d6te yandan, \u00c7in b\u00fcy\u00fck \u00f6l\u00e7\u00fcde yat\u0131r\u0131m yapt\u0131\u011f\u0131 ABD Hazine bonolar\u0131n\u0131 da azalt\u0131yor. Yak\u0131n zamana kadar ABD bonolar\u0131na en \u00e7ok sahip \u00fclke unvan\u0131 olan \u00c7in son 14 ayda bu segmentte de 88 milyar dolarl\u0131k bir azaltmaya gitti.<\/p>\n

Pekin y\u00f6netimi alt\u0131n sat\u0131n almaya ise h\u0131z veriyor. Resmi alt\u0131n rezervi ekim ay\u0131nda bin 957 tonla rekor k\u0131rd\u0131.<\/p>\n

IMF\u2019nin raporuna g\u00f6re, d\u00fcnyada halen t\u00fcm d\u00f6viz rezervlerinin yakla\u015f\u0131k y\u00fczde 58\u2019i dolar cinsinden. D\u00fcnyadaki borcun y\u00fczde 40\u2019\u0131 da yine dolar baz\u0131nda.<\/p>\n

S&P\u2019den ba\u015f ekonomist Shaun Roache, \u201ck\u00fcresel finans sistemi b\u00fcy\u00fck \u00f6l\u00e7\u00fcde dolar odakl\u0131 ve \u00c7in, euro b\u00f6lgesi \u00fclkeleri de \u00e7ok kutuplu bir para rezervinin ge\u00e7erli oldu\u011fu k\u00fcresel sisteme y\u00f6neliyorlar\u201d diyor.<\/p>\n

Roache\u2019a g\u00f6re, d\u00fcnyan\u0131n dolara olan ba\u011f\u0131ml\u0131l\u0131\u011f\u0131n\u0131 azaltmaya y\u00f6nelik \u00e7abalar s\u00fcrecek. Bu kapsamda emtea vadeli i\u015flemleri dolar d\u0131\u015f\u0131nda ba\u015fka para birimleriyle de yap\u0131lacak.<\/p>\n

\u00c7in\u2019in \u201cg\u00f6lge rezervleri\u201d<\/strong><\/p>\n

\u00d6te yandan, Pekin y\u00f6netimi alternatif yat\u0131r\u0131mlar\u0131n\u0131 da art\u0131r\u0131yor. Bunlar\u0131 da ba\u015fka \u00fclkelerdeki devlete ait \u015firketler ve bankalar, ayr\u0131ca ba\u015fka \u00fclkelerle ortak y\u00f6netilen fonlarla ger\u00e7ekle\u015ftiriyor.<\/p>\n

\u00c7in\u2019in d\u00f6viz rezervlerini y\u00f6neten \u00c7in Devlet D\u00f6viz \u0130daresi\u2019nin d\u00f6rt yat\u0131r\u0131m birimi var: Singapur\u2019daki Huaxin, Londra\u2019daki Huaou, New York\u2019taki Huamei ve Hong Kong\u2019taki Hua\u2019an. Bunlar\u0131n menkul k\u0131ymetlere yat\u0131r\u0131m yapan offshore varl\u0131klarla ba\u011flant\u0131l\u0131 olduklar\u0131 biliniyor.<\/p>\n","protected":false},"excerpt":{"rendered":"

ABD y\u00f6netimi \u00c7in \u00fcr\u00fcnlerine g\u00fcmr\u00fck vergisi uygulaman\u0131n yan\u0131 s\u0131ra ABD piyasalar\u0131nda i\u015flem g\u00f6ren \u00c7in hisselerini de devre d\u0131\u015f\u0131 b\u0131rakmak gibi…<\/p>\n","protected":false},"author":2,"featured_media":25908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4595,4594],"tags":[148,239,67,3287],"yoast_head":"\n