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China’s current account Q2 surplus at RMB 344.7b

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Beijing

China’s current account registered a surplus of 344.7 billion yuan, equivalent to 53.3 billion U.S. dollars, in the second quarter of 2021, and the capital and financial accounts recorded a surplus of 84.8 billion yuan.

The financial account (excluding reserve as-sets) recorded a surplus of 407 billion yuan, and reserve assets rose by 322.4 billion yuan, said the State Administration of Foreign Exchange.

In the first half of 2021, China’s current account registered a surplus of 795 billion yuan, and the capital and financial accounts recorded a deficit of 366 billion yuan.

The financial account (excluding reserve as-sets) recorded a surplus of 183.5 billion yuan in the first six months, and reserve assets rose by 549.3 billion yuan.— Xinhua

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