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China June services trade deficit rises to $29.5 bln - FX regulator

BEIJING, July 31 (Reuters) - China's trade deficit in services rose to $29.5 billion in June from $22.5 billion in May, the foreign exchange regulator said on Monday.

June's deficit was largely due to a $25.9 billion gulf in spending between foreign tourists and the Chinese, who splurge more abroad than visitors in China, data from the State Administration of Foreign Exchange (SAFE) showed.

For the January-June period, China's services trade deficit stood at $130.9 billion.

(Reporting by Beijing Monitoring Desk; Editing by Jacqueline Wong)