Current account surplus fell 48% y/y to USD 40.9bn in Q1/2010. 'shina's current account surplus in Q1/2010 dropped 48% y/y to USD 40.9bn.

By bne IntelliNews May 13, 2010
As reported by Dow Jones International News, the State Administration of Foreign Exchange stated that China 's capital and financial account surplus in the January-March period totaled USD 55bn. China also had a direct investment net inflow of USD 17.5bn in this period. The huge inflow of foreign capital in Q1/2010 was caused by low US interest rates.


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