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5th Aug 2022 15:16China+, Daily Monitor, Weekly Monitor

China’s current account balance fell in Q2, despite strong trade balance figures.

The hit from the income account is unlikely to be repeated, but tailwinds are fading.

Export growth must slow, and compression of demand can’t go much further.

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August china currency current account current account surplus deficit dollar domestic demand easing economy exports fed government growth imports income income growth local government markets q3 September supply trade trade balance

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Keywords for: 8 Aug 2022 China+ Monitor

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