• China's current account surplus widened in the third quarter

Market news

27 December 2019

China's current account surplus widened in the third quarter

According to the report from State Administration of Foreign Exchange, China's current account surplus widened in the third quarter while capital and financial account turned to deficit.

Current account surplus stood at $49.2 billion in the third quarter, up from $46.2 billion in the second quarter, official data showed.

China's capital and financial account recorded $9.8 billion deficit in the third quarter. In April to June period, the capital and financial account had a $21.4 billion surplus.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.