November 6, 2017 / 8:07 AM / 4 months ago

China's cross-border capital flows further stabilize: regulator

BEIJING (Reuters) - China’s cross-border capital flows further stabilized in the first three quarters and the foundation for a steady balance of international payments will become more solid, the country’s foreign exchange regulator said on Monday.

China’s preliminary current account surplus in the first three quarters was $106.3 billion and its capital and financial account surplus was at $1.8 billion, according to data published earlier on the website of the State Administration of Foreign Exchange (SAFE).

Reporting by Beijing Monitoring Desk; Editing by Richard Borsuk

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