FINANCE

China’s Net Overseas Assets Jump 28% to $4.07 Trillion

Published: Mar. 30, 2026 11:02 a.m. GMT+8

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China’s net overseas assets rose 28% year-on-year to $4.07 trillion at the end of last year, as a large current account surplus was partly channeled into outbound investment.

The increase lifted China to the world’s second-largest net creditor position, reflecting stronger capital outflows as domestic firms expand globally and diversify holdings.

China’s Net Overseas Assets Jump

Data released Friday by the State Administration of Foreign Exchange showed China’s current account surplus reached $735 billion last year, or 3.7% of GDP, the highest in more than 10 years.

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China’s net overseas assets rose 28% year-on-year to $4.07 trillion at the end of 2023, making it the world’s second-largest net creditor.
The 2023 current account surplus reached $735 billion (3.7% of GDP), with direct overseas investment totaling $3.6 trillion.
Foreign investment in China saw a net outflow of $12.5 billion, as equity FDI rose but securities holdings, especially bonds, decreased by $65 billion.

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