China’s current account balance is expected to remain within a reasonable range in H2 2020, the country’s forex regulator, the State Administration of Foreign Exchange (SAFE), said in a statement released on Friday.
Additional quotes
“Expects cross-border capital flows and fx reserves to remain stable in H2. “
“Expects current account to show small surplus in 2020.”
“Current account surplus equivalent to 1.2% of GDP in H1.”
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