China has the ability to maintain a basic equilibrium in international payment as the impact of the novel coronavirus outbreak is short-lived and limited, a foreign exchange official said Saturday.
South Korea's trade surplus in the media content sector surpassed the US$500 million mark for the first time ever last year, on the back of increased overseas sales of popular movies, music and TV drama series, data showed Monday.
The Treasury Department for the final time during President Barack Obama’s tenure declined to label China a currency manipulator, in an implicit rejection of Republican nominee Donald Trump’s hard-line approach to the world’s second-biggest economy.
Japan logged a current account surplus in July for the 25th straight month, owing to the yen's appreciation and lower costs for crude oil imports, the Finance Ministry said on Thursday.
South Korea posted a surplus in biopharmaceutical products trade for the first time in six years due to strong demand for a rheumatoid arthritis biosimilar made by the country's copycat drugmaker Celltrion, a government report showed Monday.
China will not try to devalue the yuan to seek a trade surplus as market-determined RMB rates and balanced international trade are in the country's interest.
South Korea posted trade surplus for 47 straight months due to a faster fall in imports than exports, customs data showed on Friday.
Germany on Wednesday reported an unexpectedly high budget surplus in 2015, prompting critics to argue the government had resources to stimulate the economy through investment.
Hong Kong recorded a Balance of Payments (BoP) surplus of 71.5 billion HK dollars (about 9.22 billion U.S. dollars) (as a ratio of 11.6 percent to GDP) in the third quarter of 2015, Hong Kong's Census and Statistics Department (C&S) announced on Monday.
South Korea posted trade surplus for 46 months in a row due to faster fall in imports than exports amid low commodity prices, customs data showed Tuesday.
The New Zealand government deficit for the four months to the end of October came in below forecast, putting the full-year accounts on the road to a second successive surplus, according to financial statements from the Treasury Tuesday.
Unexpected surplus on New Zealand government accounts
The growth of China's machinery industry continued to slow in 2014 due to sluggish domestic demand but the sector's exports looked up unexpectedly thanks to robust private firms.
Japan's current account surplus for the first half of the fiscal 2014 stood at a record low at 2,023.9 billion yen (about 17.62 billion U.S. dollars) in the period from April to September, the Japanese Finance Ministry said Tuesday.
South Korea posted a current account surplus for 31 months in a row due to robust export growth, central bank data showed Wednesday.
South Korea posted a trade surplus for 32 months in a row due to solid export growth, customs data showed Wednesday.
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Author: Prof. Engr. Zamir Ahmed Awan, Founding Chair GSRRA, Sinologist (ex-Diplomat), Editor, Analyst, and Non-Resident Fellow of CCG (Center for China and Globalizatio
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