China’s External Financial Assets Top $11 Trillion for First Time
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China’s net asset position grew to $3.8 trillion, as the country strengthens its position as a global creditor. Photo: VCG
China’s external financial assets exceeded $11 trillion for the first time as of the end of June, driven by a persistent current account surplus and a revival in foreign investment inflows.
The figure marked an 8% increase from the end of 2024, while net external assets grew 16% to $3.8 trillion, ranking third globally, according to a State Administration of Foreign Exchange (SAFE) report published Tuesday.
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- China’s external financial assets surpassed $11 trillion for the first time by June 2025, an 8% increase from end-2024.
- Reserve assets ($3.6 trillion) and outbound direct investment ($3.4 trillion) are the largest asset components; inbound FDI totals $3.7 trillion.
- In H1 2025, the current account surplus was $294.1 billion, with equity-related FDI net inflows rising 45% to $39.3 billion.
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