China's current-account surplus swells
Updated: 2010-11-26 10:24
(China Daily)
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China's current-account surplus doubled in the third quarter from a year earlier to $102.3 billion, the State Administration of Foreign Exchange said on Thursday.
The nation's capital and financial account surplus was $5.7 billion for the quarter, according to the regulator. China's foreign exchange reserves increased by $107.3 billion in the period, excluding valuation changes.
The country's current-account surplus increased 30 percent to $204 billion in the first nine months of the year.
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