China trims Q3 current account surplus data
Updated: 2012-01-11 15:57
(Xinhua)
|
|||||||||
BEIJING - China on Wednesday lowered its third-quarter current account surplus to $53.4 billion from the preliminary figure of $57.8 billion.
Both figures shrank from the $69.6 billion registered in the second quarter of 2011.
The State Administration of Foreign Exchange (SAFE) also trimmed its previously announced figure for the first three quarters from $141.2 billionto $145.6 billion.
However, the SAFE doubled the capital and financial account surplus from the previous estimate of $33.9 billion to $66.2 billion.
The revised capital and financial account surplus narrowed from $67 billion?in the second quarter and $86.1 billion in the first three months of last year.
The surpluses under the current as well as capital and financial accounts raised the country's international reserve assets by $91.7 billion in the third quarter, the SAFE said.
The foreign exchange reserves increased $92.1 billion during the July-September period, excluding effects of changes in the exchange rate and asset prices.
Related Stories
Balancing current accounts 2011-02-25 07:55
Current-account surplus will shrink 2011-01-31 07:53
How current account surplus will evolve 2011-06-15 15:13
China's current-account surplus swells 2010-11-26 10:24
- Video portals warned over illegal content
- Rate of crude oil imports falls
- Cross-border M&As see rapid growth in '11: report
- EU help must be tied to IMF reform: Economist
- Automobile JVs look to emerging markets
- Trade surplus continues declining trend
- Energy use to be regulated by central system
- Local debt poses threat to economy
