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China Current Account Surplus -32% On Year In H1
(RTTNews) - China posted a current account surplus of $130 billion in the first half of 2009, the State Administration of Foreign Exchange said on Thursday, down 32 percent on year.
China posted an $18.64 billion deficit in its trade of services for the first half, as well as an $18.33 billion surplus in the trade of goods.
The capital and financial account surplus came in at $33.1 billion, the data showed, down an annual 54 percent.
In the first half of 2008, China saw a current account surplus of $191.72 billion.
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