Does China’s BOP balance?

Use the following balance of payments data for China (Mainland) from the IMF to answer Problems 3.10–3.14.

Assumptions (million US$) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 A. Current account balance 134,082 231,844 353,183 420,569 243,257 237,810 136,097 215,392 148,204 277,434 330,602 B. Capital account balance 4,102 4,020 3,099 3,051 3,938 4,630 5,446 4,272 3,052 -33 316 C. Financial account balance 96,944 45,285 91,132 37,075 194,494 282,234 260,024 -36,038 343,048 -51,361 -485,614 D. Net errors and omissions 15,847 3,502 13,237 18,859 -41,181 -53,016 -13,768 -87,071 -62,922 -108,257 -188,245 E. Reserves and related items -250,975 -284,651 -460,651 -479,554 -400,508 -471,658 -387,799 -96,555 -431,382 -117,784 342,941