Money

China revises Q3 capital account surplus up to $15.2b

(Xinhua)
Updated: 2010-12-29 09:29

BEIJING - China revised its third-quarter capital and financial account surplus to $15.2 billion, up from the previous $5.7 billion, according to the foreign exchange regulator.

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The revised capital account surplus showed a decline of 65 percent from the same period one year earlier, China's State Administration of Foreign Exchange (SAFE) said in a statement posted Tuesday on its website.

Further, the SAFE maintained the third-quarter current account surplus at $102.3 billion, up 103 percent from one year earlier.

The current account surplus in the first three quarters of 2010 rose 30 percent year-on-year to $203.9 billion, while the capital and financial account surplus rose 2 percent to $130.1 billion and the country's international reserve assets increased 7 percent to $286 billion, according to the statement.