China reports current account surplus in Q2

Xinhua
05 Aug 2022, 23:00 GMT+10

BEIJING, Aug. 5 (Xinhua) -- China's current account registered a surplus of 531.6 billion yuan in the second quarter of the year, the State Administration of Foreign Exchange said Friday.

In U.S. dollar term, China's current account recorded a surplus of 80.2 billion U.S. dollars in the second quarter of 2022.

In the capital and financial accounts, foreign direct investments recorded a surplus of 97.5 billion yuan, and reserve assets decreased by 123.9 billion yuan.

In the first half of 2022, China's current account registered a surplus of 1.096 trillion yuan. In the capital and financial accounts, foreign direct investments recorded a surplus of 477.6 billion yuan, and reserve assets increased by 125.9 billion yuan.

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