China third-quarter current account surplus at 2.5 percent of GDP: forex regulator

November 4, 2016 6:15 AM EDT

Chinese banknotes are seen at a vendor's cash box at a market in Beijing February 14, 2014. REUTERS/Kim Kyung-Hoon/File Photo


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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)



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