So says the Chinese FX regulator SAFE 30 June 2016

  • vs +48.1bln provisional release
  • final Q1 capital & financial account deficit -$200m
  • outstanding foreign debt $1.36trln vs %1.42trln end-2015
  • end-March overseas net fin assets $1.62trln

A big miss on the headline final figure buy hey, what's $8.8bln when it comes to Chinese data reporting.

Move on everyone.

Add:

SAFE says:

  • debt repayment risks controllable
  • will prevent risks of abnormal cross-border fund flows