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China reports current-account surplus in 2020
Updated: March 26, 2021 20:16 Xinhua

BEIJING — China saw a current-account surplus of $274 billion in 2020 as the economy recovered amid effective epidemic control, official data showed on March 26.

Trade in goods posted a surplus of $515 billion, while trade in services saw a deficit of $145.3 billion, according to data released by the State Administration of Foreign Exchange.

The capital and financial account recorded a deficit of $105.8 billion.

By the end of 2020, China's net external financial assets stood at $2.15 trillion.

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