China third-quarter current account surplus at 2.5 percent of GDP: forex regulator
- Wall Street set to open flat as investors test rally
- Western Digital (WDC) Raises Q2 Outlook
- Biotech, Pharma Stocks Weaker Amid Trump Comments on Lower Drug Prices
- Oil slips on doubts output cut will end global glut
- Pre-Open Stock Movers 12/07: (EMKR) (PLAY) (WDC) Higher; (SIGM) (AVAV) (BLUE) Lower (more...)
Chinese banknotes are seen at a vendor's cash box at a market in Beijing February 14, 2014. REUTERS/Kim Kyung-Hoon/File Photo
Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here.
BEIJING (Reuters) - China's third-quarter current account surplus was equivalent to 2.5 pct of GDP, which is a reasonable level, the country's foreign exchange regulator said on Friday.
China will maintain a current account surplus as the economy is growing at a medium to high rate, the State Administration of Foreign Exchange said in a statement on its website.
(Reporting by Beijing monitoring desk; Editing by Clarence Fernandez)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Brexit referendum not legally binding, UK Supreme Court told
- OPEC, U.S. begin 'cat and mouse' oil game as producers pounce on hedges
- EU urged to share data better to detect militants returning from Syria, Iraq
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!