According to the traditional finance theory, continuous surplus of current account and sustained increase of foreign exchange reserves will result in the appreciation of Chinese RMB Yuan.

根据传统的金融理论，经常项目持续顺差与外汇储备的持续增长应该使人民币升值。

youdao

That requires a reduction in the current account surpluses of surplus countries (or, much less probably, increases in deficits elsewhere).

这就要求盈余国家降低其经常账户上的盈余（或者，某个地方的赤字增加，这几乎是不可能的）。

youdao

Like the us, it, too, has a large imbalance with the rest of the world - namely, an outsize current account surplus.

就像与美国一样，它也与世界其余国家也存在大规模的失衡——即巨额经常账户盈余。

youdao

Instead, the yen's strength is a by-product of private sector recycling of the current account surplus and international purchases of Japanese assets.

FORBES

America can take some comfort from a narrowing of China's current-account surplus, from 11% of GDP at its peak in 2007 to 6.1% last year.

ECONOMIST: Global rebalancing

The UK ran a current account surplus of 0.6 percent of GDP in 1978, the last full year before Thatcher came to office.

FORBES: Thatcher's Last Wish: Another Clunker From The Iron Lady