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Current account surplus rises 20%
February 19, 2009, Thursday
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Print Edition
CHINA'S current account surplus rose 20 percent to US$440 billion last year, the ratio sliding to 10 percent of the country's gross domestic product, Deng Xianhong, deputy director of the State Administration of Foreign Exchange, said yesterday.
Foreign-currency inflows to China slowed in the second half of last year to US$137.2 billion, he said in a televised press conference.
Foreign-currency inflows to China slowed in the second half of last year to US$137.2 billion, he said in a televised press conference.
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