China’s FX regulator said on Friday that small fluctuations in the small fluctuations in the current account are normal and there is no need to panic, according to Reuters.
Key quotes
- China’s current account has the conditions, fundamentals to stay within a reasonable range in the future.
- Cross-border capital flows to remain stable in H2
- china’s current account to register a surplus in Q2
- Expects current account surplus in h1 2020 due to an increase in Q2.
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