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Free AccessChina had a surplus of CNY51.9 billion in.....>
CHINA: China had a surplus of CNY51.9 billion in its international balance of
payments in September, with revenues of CNY1.3876 trillion and expenditures of
CNY1.3357 trillion, the State Administration of Foreign Exchange said Tuesday.
SAFE reported a goods trade surplus of CNY197.9 billion, with revenues totaling
CNY1.2676 trillion and expenditures at CNY1.0696 trillion. The deficit in the
services trade was CNY146 billion, resulting from a gap between revenues of
CNY120.1 billion and expenditures of CNY266.1 billion. In U.S. dollar terms, the
international balance of payments surplus was $7.9 billion, with revenues of
$211.4 billion and expenditures of $203.5 billion. The goods trade surplus was
$30.2 billion, with revenues of $193.1 billion and expenditures of $163 billion,
while the services trade deficit was $22.2 billion, with revenues of $18.3
billion and expenditures of $40.5 billion.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.