Briefly

China reports current account surplus in Q1

China's current account surplus was $184.1 billion in the first quarter of the year, preliminary data of the balance of payments showed. Of the total, the surplus under trade in goods came in at $247.4 billion, and the deficit under trade in services stood at $59.6 billion, according to the data released by the State Administration of Foreign Exchange.

Major cities report housing price rise

Home prices in China's first-tier cities, namely Beijing, Shanghai, Guangzhou and Shenzhen, increased last month compared with March, while second — and third-tier cities reported narrowed price declines or unchanged price levels, official data showed on Monday.

Xinhua - China Daily