Du Peng, chief of the current account department
of the State Administration of Foreign Exchange(SAFE), told a
news briefing that a deficit in service trade will be large in
future, especially in the tourism area.
China posted a capital and financial account surplus of $94
billion in the first quarter of 2014 and a current account
surplus of $7 billion.
(Reporting By Coco Li and Koh Gui Qing; Editing by Kim Coghill)
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