Description
China's Secondary Income Balance (Secondary Income Balance) is published by China's State Administration of Foreign Exchange (SAFE) and is used to measure China's international balance of payments in terms of secondary income, including remittances, gifts and remittances from foreign countries. Non-consideration transactions such as aid. A positive secondary income balance indicates net inflows, which typically represent increases in remittances and other funds China receives from abroad, while a negative secondary income balance indicates net outflows, which may reflect increased grants or aid payments to foreign countries.