China Revises Q3 Current Account Surplus

The State Administration of Foreign Exchange on Wednesday revised China’s balance of payment figures for the third quarter.

The current account surplus for July to September period was revised to $60.3 billion from $63.4 billion.

According to latest report, the capital and financial account registered a surplus of $11.4 billion instead of a $63.4 billion deficit.

During the first three quarters, the current account surplus totaled $208.9 billion, while the capital account posted a $47 billion deficit.

The material has been provided by InstaForex Company –