BEIJING: China’s deficit in foreign service trade reached 92.1 billion yuan ($15 billion) in March, up from 76.7 billion yuan in February, data from the State Administration of Foreign Exchange (SAFE) showed here the other day.
Last month, the country spent a total of 205.3 billion yuan in international service trade, according to the data.
China’s deficit in foreign merchandise and service trade amounted to 103.6 billion yuan in March, contrasted with a surplus of 289.2 billion yuan in the previous month.
