China posts final fourth-quarter current account surplus of $62.3 billion

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Reuters BEIJING
Last Updated : Mar 29 2018 | 5:35 PM IST

BEIJING (Reuters) - China posted a final current account surplus of $62.3 billion in the fourth quarter of 2017, compared with a preliminary surplus of $62.2 billion, the foreign exchange regulator said on Thursday.

For the October-December period, China recorded a $3.9 billion surplus in its capital and financial account, compared with a preliminary deficit of $62.2 billion, the State Administration of Foreign Exchange said on its website.

For 2017, China's final current account surplus was $164.9 billion and its final capital and financial account surplus $57 billion.

(Reporting by Beijing Monitoring Desk; Editing by Nick Macfie)

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First Published: Mar 29 2018 | 5:25 PM IST

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