China reports current account surplus of US$ 165.6 billion in Q1

BEIJING, 11th May, 2025 (WAM) -- China reported a current account surplus of US$ 165.6 billion in the first quarter of 2025, according to data released by the State Administration of Foreign Exchange.

The surplus in goods trade reached US$ 237.6 billion during the period, while the country registered a US$ 59.3 billion deficit in services trade, according to Xinhua, citing the State Administration of Foreign Exchange.

In terms of Special Drawing Rights (SDRs), China's current account surplus reached 126.2 billion SDRs for the first three months.

The SDR is an interest-bearing international reserve asset created by the International Monetary Fund to supplement other reserve assets of member countries.