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China's Q2 capital and financial account deficit revised down to $157.1 billion
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China's State Administration of Foreign Exchange (SAFE) released final data showing a capital and financial account deficit of $157.1 billion for the second quarter. This figure is a downward revision from the preliminary estimate of $195.1 billion, indicating a narrower outflow than initially reported. The data reflects the balance of cross-border capital flows, including direct investment, portfolio investment, and other financial transactions. The revision suggests that capital outflows in the quarter were less severe than first measured, though the account remains in significant deficit. The report provides a key indicator of China's external financial position and capital movement trends.
Source report
China's State Administration of Foreign Exchange (SAFE) has released the final data for the second quarter, showing a capital and financial account deficit of $157.1 billion.
This figure represents a downward revision from the preliminary estimate of a $195.1 billion deficit.
Key Data Points:
- Indicator: Capital and Financial Account Balance
- Period: Q2 (Second Quarter)
- Final Value: Deficit of $157.1 billion
- Preliminary Value: Deficit of $195.1 billion
- Source: State Administration of Foreign Exchange (SAFE)
Source
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