Current Account in China

China Current Account (USD bn) | Economic News & Forecasts

China - Current Account (billions of U.S. Dollars)

Although the economy expanded robustly in the first quarter of the year, growing 6.4% on an annual basis to match the previous quarter’s outturn, weak data for April suggests that growth will decelerate in Q2. All retail sales, investment, industrial production, and exports deteriorated markedly in April, increasing the likelihood that authorities will unveil further stimulus measures in the coming weeks. Against this backdrop, trade tensions with the United States have flared in recent weeks, which will likely further erode activity. On 11 May, the U.S. hiked trade tariffs for USD 200 billion of Chinese imports to 25%, to which China retaliated by increasing tariffs on USD 60 billion of U.S. imports. With Trump threatening to tax the remainder of Chinese imports in response, the conflict seems far from over.

China - Current Account (USD bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (USD bn)148  236  304  202  165  

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China Current Account (USD bn) Chart


China Current Account
Note: Current account balance as % of GDP.
Source: State Administration of Foreign Exchange.

China Facts

ValueChangeDate
Bond Yield3.29-0.11 %Jun 13
Exchange Rate6.92-0.19 %Jun 13
Stock Market2,911-0.34 %Jun 13

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