emirates7 - China recorded a current account surplus of US$165.6 billion in the first quarter of 2025, as reported by the State Administration of Foreign Exchange.
During this period, the goods trade surplus amounted to US$237.6 billion, while the services trade showed a deficit of US$59.3 billion, according to Xinhua, referencing data from the same agency.
When measured in Special Drawing Rights (SDRs), the country’s current account surplus for the first three months stood at 126.2 billion SDRs.
The SDR, created by the International Monetary Fund, is an interest-bearing international reserve asset designed to supplement the official reserves of its member nations.
During this period, the goods trade surplus amounted to US$237.6 billion, while the services trade showed a deficit of US$59.3 billion, according to Xinhua, referencing data from the same agency.
When measured in Special Drawing Rights (SDRs), the country’s current account surplus for the first three months stood at 126.2 billion SDRs.
The SDR, created by the International Monetary Fund, is an interest-bearing international reserve asset designed to supplement the official reserves of its member nations.