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Brief Economics & Trade

China’s current account surplus $164.9 billion in 2017

China’s trade balance remained stable in 2017, state media reported yesterday.

China ended 2017 with a final quarter current account surplus of $62.3 billion, bringing the current account surplus for the year to $164.9 billion, accounting for 1.3% of GDP according to data from the State Administration of Foreign Exchange.

The country’s capital and financial accounts recorded a surplus of $3.9 billion in the quarter, and $57 billion for year.

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