Current Account in China

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

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

The economy appears to have bottomed out in March, with the manufacturing PMI returning to expansionary territory in the same month on the back of government support. Moreover, exports expanded at the fastest pace in five months in March. That said, the regular set of indicators for March, which will be released later this week, will corroborate whether the economy has entered into a cyclical upturn. On 11 April, U.S. Treasury Secretary Steven Mnuchin stated that China and the U.S. had made significant progress on the enforcement mechanism for the long-awaited trade deal, which is one of the cornerstones for a successful accord. Two days earlier, the National Development and Reform Commission relaxed residency restrictions (hukou) in some second- and third-tier cities, which could give a boost to the property market.

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 Yield3.42-0.11 %Apr 22
Exchange Rate6.71-0.19 %Apr 22
Stock Market3,215-0.34 %Apr 22

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