China’s balance of payments indicates surplus in Q1

Wednesday, 25 May 2011 10:32:21 (GMT+3)   |  
       

According to preliminary estimations, in the first quarter of this year China's balance of payments continued to indicate surplus with regard to the current account and the capital and financial account, while its international reserve assets kept increasing.
 
In the first three months, the surplus of China's current account and the capital and financial account came to $29.8 billion and $111.4 billion respectively. Meanwhile, the international reserve assets increased by 47 percent.

Similar articles

Steel Scene flat rolled panel: Learning to cope in the current environment

11 May | Steel News

NASPD 2012 Annual Conference addresses major roadblocks to a sustained US recovery

28 Feb | Steel News

RWR 2012: Concerns and hopes along the long product supply spectrum

26 Jan | Steel News

DiMicco: Comments that new currency bill will cause trade war is “ignorant”

21 Oct | Steel News

Currency manipulation bill passes in US Senate, AISI and Nucor voice support

13 Oct | Steel News

Legislation to stop the undervaluing of Chinese currency passes through US Senate

05 Oct | Steel News

Price trend scatters in US domestic HDG market

08 Aug | Flats and Slab

Ministry of Commerce: Trade surplus in GDP would further fall in China

20 Jul | Steel News

CPI in China hits 34-month peak in June

11 Jul | Steel News

Taiwan-based YUSCO decreases stainless steel export offers

18 Mar | Steel News