☰

Bolsa, mercados y cotizaciones

China swings into capital account deficit in Q2


    BEIJING (Reuters) - China's current account surplus widened to $59.7 billion in the second quarter from $23.5 billion three months earlier, while its capital and financial account swung into a deficit of $71.4 billion from a surplus of $56.1 billion in the first quarter, the top foreign exchange regulator said on Tuesday.

    The State Administration of Foreign Exchange (SAFE) said in a statement on its website, www.safe.gov.cn, that the country risks no capital flight although more cross-border currency flows and two-way yuan fluctuations would become inevitable as the Chinese currency reaches its equilibrium level.

    (Reporting by Langi Chiang and Kevin Yao; Editing by Jason Subler)