Net capital Q1 inflows 'positive'

Companies 'more willing' to hold foreign currency, SAFE reports

China had net capital inflows throughout the first quarter, although the surplus narrowed each month during the period, according to the State Administration of Foreign Exchange.

In the first quarter, domestic banks' foreign-exchange settlements totaled $516.8 billion and foreign-exchange sales reached $357.5 billion, yielding a surplus of $159.2 billion. That was up 57 percent from the previous year.