Old Europe and old Asia have more savings to absorb than the Anglosphere ( except Canada ) . These are savings surplus regions with low returns on capital and structural current account surpluses .

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High foreign exchange reserves and the double surplus of current account and capital account have given severe pressure to the central bank to maintain the RMB exchange rate stability .

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At that point China was adding about $ 10 billion a month to its reserves and in2003 it ran an overall surplus on its current account a broad measure of the trade balance of $ 46 billion .

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Except for a few years our country has maintained the double surplus of the current account capital and financial account .

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No adjustments shall be made for a surplus appearing in a foreign currency account as the result of a recorded fluctuation in the exchange rate for such a currency .

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Especially after we entered into WTO in 2001 China keep enjoying surplus balance of both current account and capital account which led to a 40 % annual growth rate of foreign exchange reserves .

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It could be explained by the surplus in capital account .

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The bigger the private surplus the bigger the fiscal deficit or current account surplus must be .

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Global imbalances mainly refer to some countries with characteristics of current account surplus and other countries of current account deficits simultaneously .

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Financed in part by transfer from surplus account

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If a country runs a surplus on its current account for some period ( more than a year ) and is simultaneously intervening to purchase foreign exchange at a particular percentage of gross national product then that country should come up for automatic consideration at the IMF .

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According to the traditional finance theory continuous surplus of current account and sustained increase of foreign exchange reserves will result in the appreciation of Chinese RMB Yuan .

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They will have to run a much larger trade surplus in the future to maintain a current account surplus .

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Since China is having high savings ratio and the domestic deposit is far larger than domestic absorption capacity there exists large sum of savings surplus and continuous gigantic favorable balance of current account .

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In fact the emerging markets as a group are in surplus overall on the current account which means they are a drag on global growth rather than a spur .

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On the other hand it can decrease management behavior of the surplus through delay-payment bonus account .

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If there are some surplus securities after the close of the trading for financed funds and securities the investors shall transfer the surplus securities to its common securities account from the guaranteed securities account for credit trading of clients in the securities company .

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Surplus of fixed assets should enter into account as the replacement value .

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The surplus item is identified by a plus in the balance-of-payment account when actual numbers are considered .

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The Chinese current account surplus is far from the only explanation for the US current account deficit .

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Finance minister Korn Chatikavanij seems to recognise though that with a trade surplus a current account surplus and economic growth at a 15-year high upward pressures will be hard to contain .

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As the degree of RMB internationalization is very high a sustainable structure of balance of payments is as follows : combining deficits in the trade account and surplus in the current account with deficits in the capital and financial account .

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China has run a current account surplus and a capital account surplus almost uninterruptedly for more than two decades .

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Chinese officials point to a 7 per cent decline in the dollar value of the trade surplus last year and the steep drop in the current account surplus from 11 per cent of GDP in 2007 to just short of 6 per cent last year .

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After the Second World War Japanese economy made great development . On the basis of the surplus in trade account and current account Japan became the biggest Capital outflow country and abroad mortgage country also the second economic country lagging behind America .

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Therefore to prevent the surplus of current account further expanded our country has adopted financial policy adjustment foreign exchange system reform trade policy adjustment and so on such has obtained certain effect .

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Excess of ( actual ) income over obligations incurred carried to surplus account

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Keeping huge surplus in current account has been the main characteristic of balance of payment in China currently .

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