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China beefs up inflow monitoring amid soaring trade surplus

China will increase monitoring of money inflows and banks' foreign currency holdings following a surge in the current account surplus in 2007. A trade surplus will continue to affect the balance of payments in 2008, but restructurin ... ...full story at People's Daily

from People's Daily on Fri, Jun 06 2008

see also:

15 Jun 08 visit CCTV-9: Trade surplus dips 10% to USD 20.2 Bln  »  YouTube videoTrade surplus dips 10% to USD 20.2 Bln WATCH VIDEOSource: CCTV.com 06-12-2008 15:12 Special Report: 4th China-U.S. SED new According to the General Administration of Customs on Wednesday, China's trade surplus reached 20.2 billion US dollars in May,...
18 Feb 09 visit China balance of payments surplus slows down in 2008  »  People's Daily China's State Administration of Foreign Exchange (SAFE) predicted Wednesday that the country's international balance of payments remained "double surplus" in current account and capital account in 2008, but the growth rate had slowed. The current...
30 Oct 08 visit China's int'l balance of payments maintains twin surplus in first half of 2008  »  People's Daily The State Administration of Foreign Exchange posted China's international balance of payments sheet for the first half of 2008 on October 29. According to statistics, China's current account, capital and financial account had a balance of payments surplus...
29 Oct 08 visit China's balance of payments maintains "twin surplus" in first half of 2008  »  People's Daily China's current account surplus rose 18 percent to 191.7 billion U.S. dollars in the first half of 2008, the foreign exchange regulator said on Wednesday. The surplus on the country's capital and financial account was 71.9 billion U.S. dollars,...
15 Jul 07 visit Trade imbalance tilts further  »  Engaging China China's trade surplus reached a record of $27bn in June, an 85% increase on the surplus in June 2006. The surplus for the first half of 2007 reached $113bn, which is more than for the whole of 2005. Last week, the EU once again warned China about the...
22 Dec 07 visit HK's balance-of-payments account sees 13.9 bln HK dollars surplus  »  People's Daily Hong Kong recorded a 13.9 billion HK dollars (1.8 billion U.S. dollars) surplus in its balance-of-payments account in the third quarter of 2007, official figures released Friday indicated. The amount was 3.9 billion HK dollars highe ...

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