TNAG-1457-FCO40-1981-Relations-between-Hong-Kong-and-China-1986 — Page 220

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Table 24. China: Balance of Payments, 1981-85

(In millions of U.S. dollars)

A.

1st Half

1981

1982

1983

1984

1985

Current account

Exports, f.o.b. 1/

1,349

5,674

4,240

2,030

-5,300

22,027

21,125

20,707

23,905

10,800

Imports, f.o.b. 1/

-21,047

-16,876

-18,717

-23,891

-16,800

Trade balance

980

4,249

1,990

14

-6,000

Services (net)

-203

(Credit)

(3,130)

(Debit)

(-3,333)

939 (3,604) (-2,665)

1,739 (4,028)

1,574 (4,819)

500

(2,250)

(-2,289)

(-3,245)

(-1,750)

Net unrequited transfers

572

486

511

442

200

-328

338

256

-1,003

1,700 4/

Capital account (net)

Medium- and long-term

borrowing (net) Drawings

Repayments

Foreign direct investment

(net)Tor: sour) sulema. Portfolio investment abroad Other medium- and long-term. capital (net) : 3 bet Short-term capital (net) ::=

Errors and omissions to

6421PM * iu besa Allocation of SDRS

Overall balance A

entrans

Reserves and related items-2/

Gold 3/

Foreign exchange

Reserve position in Fund 3/

SDRs 3/1 pikka spol. Use of Fund credit 3/ **

A

335

449

820

734

(1,372)

(2,628)

(1,572)

(1,468)

.)

(-1,037)

(-2,179)

(-752)

(-734)

(...)

265

-20-641, -1,721

430.11 & 636 1,258,

111,258,

-470-284-384 -51-275-1 -890

31 -959

25

762

279-es -366

-932

142 }

ize dashi 1,925

6,291

4,130 95

95-3,600

དེ་

-1,925

-6,291

-4,130

3,600

55

-2,512

-6,352;

351

55

3,600

191

-121

-79

-183

61

-176

-71

524

-482

PUL BIT S

Sources:- Data provided by the Chinese authorities; and Fund staff estimates. 1/ Data for 1981 are not comparable with those for 1982-85, because of a difference in the sources. The latter excludes re-exports.

2/ (-) indicates increase.

3/ Net of valuation adjustment.

4/

Includes errors and omissions.