China's international balance of payments showed a surplus in the third quarter of the year, marking the fourth straight quarter of surpluses.
In the third quarter, the surplus under the current account totaled $39.7 billion, according to data released by the State Administration of Foreign Exchange.
Specifically, the goods trade surplus reached $87.1 billion while deficits were recorded in service trade and current transfers at $42.5 billion and $1.1 billion, respectively.
Meanwhile, China also reported a surplus under the capital and financial accounts totaling roughly $57.3 billion in the third quarter. Net inflows of direct investment amounted to $40.7 billion. |