Current Account in China

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

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

Available data suggests that economic growth decelerated in the third quarter, mainly due to lackluster infrastructure investment and negative spillovers from financial deleveraging. Surprisingly, export growth remained robust in Q3 despite the ongoing trade war between China and the United States. The September PMI survey, however, revealed that external demand is softening, which suggests export figures are likely to worsen in the next few months. In response, the government has reverted to old tactics, boosting lending and increasing fiscal stimulus. Although these initiatives are effective in supporting the economy in the short-term, they threaten the effort made in previous years to reshape the country’s economic model and allow the country to avoid the “middle income trap”.

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 Yield3.50-0.40 %Nov 09
Exchange Rate6.96-0.19 %Nov 09
Stock Market2,599-0.34 %Nov 09

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