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China Daily | Updated: 2017-09-29 09:28

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Govt And Policies

Cross-border capital flows to remain stable

China's cross-border capital movements will remain stable in the second half of this year, the foreign exchange regulator said on Thursday, while adding that the authorities will still have to keep an eye on capital flow risks. China will also maintain a reasonable current account surplus in the second half and the ratio of the current account surplus to GDP for 2017 will remain at a reasonable level, the State Administration of Foreign Exchange said on its website. For the first half, China's current account surplus was equivalent to 1.2 percent of GDP, SAFE said, after data showed that the country posted a final current account surplus of $50.9 billion in the second quarter.

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