AI Data Insight

According to the latest data, China's current account services trade recorded a $59.55 billion deficit in Q1 2026, significantly widening from $48.521 billion in the previous quarter. This change was primarily driven by the outbound travel boom during the Spring Festival holiday and robust demand for knowledge-intensive service imports. Going forward, attention must be paid to the potential impact of US and European tariff policies on the overall balance of payments.

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