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China preliminary first-quarter current account surplus $19 billion - FX regulator
May 8, 2017 / 8:16 AM / 6 months ago

China preliminary first-quarter current account surplus $19 billion - FX regulator

BEIJING (Reuters) - China posted a preliminary current account surplus of $19 billion (£15 billion) in the first quarter of this year and a deficit of $19 billion on its capital and financial account, the country’s foreign exchange regulator said on Monday.

The State Administration of Foreign Exchange (SAFE) also said in a statement that the current account surplus remained within a reasonable range in the first three months of the year.

Reporting by Beijing Monitoring Desk; Editing by Jacqueline Wong

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