China revises Q3 capital account deficit data

BEIJING - China's foreign exchange regulator has revised capital and financial account deficit data for the third quarter to $51.7 billion from the previous $71 billion.

The current account surplus in the third quarter was revised to $70.8 billion from the previous $70.6 billion, according to the State Administration of Foreign Exchange.

Commodity trade registered a surplus of $102.9 billion, while service trade saw a deficit of $29.7 billion.

The net inflow of foreign direct investment was $38.5 billion. Excluding the effect of changes in exchange rates and asset prices, the country's international reserve assets shed $400 million in the third quarter.

In the first three quarters, China's current account surplus was $148 billion, while the capital and financial account deficit was $36.8 billion. International reserve assets added $62.4 billion.