Why Double Surplus in China＇s International Balance of Payments？

In accordance with the theory of development economics, developing countries should maintain a current account deficit and capital account surplus, and achieve a higher level of investment through foreign savings rather than just domestic savings. The international financial crisis not only hit the European and US economy, but also gave China＇s macro-micro economy a heavy blow. However, China＇s international balance of payments still maintained a double surplus,