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China's Q4 2014 current account surplus was US$67b

Tuesday, March 31, 2015 - 13:38
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China posted a finalised current account surplus of US$67 billion in the fourth quarter of 2014 and a US$30.5 billion deficit on its capital account and financial account, data from the country's foreign exchange regulator showed on Tuesday.

[BEIJING] China posted a finalised current account surplus of US$67 billion in the fourth quarter of 2014 and a US$30.5 billion deficit on its capital account and financial account, data from the country's foreign exchange regulator showed on Tuesday.

Preliminary data from the State Administration of Foreign Exchange (SAFE) had shown a US$61.1 billion current account surplus and a US$91.2 billion deficit on the capital and financial account in the fourth quarter.

For the whole of 2014, China had a finalised current account surplus of US$219.7 billion and a US$38.2 billion surplus on its capital and financial account, the SAFE said.

REUTERS