China's current account surplus widens in Q2

BEIJING : China's current account surplus ballooned to about $70 billion in the second quarter, the country's currency r

Published August 16, 2011 Updated August 16, 2011 04:39am

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By Shoaib Ur Rehman

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This means China's current account surplus more than doubled between April and June, from the $29 billion seen in the previous three months.

The currency regulator said China's capital account surplus stood at $67 billion in the second quarter, narrowing from $86 billion in the first quarter.

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