China SAFE revises down Q1 capital account deficit to $200 mln

The Chinese FX regulator State Administration of Foreign Exchange (SAFE) revised down Q1 capital account deficit in its latest publication of the current account data for Q1.

Key Points:

China final Q1 current account surplus +USD39.3bln versus +48.1bln provisional release

Final Q1 capital & financial account deficit -$200mln