Chinese Mainland’s Cross-Border Flows Hit Record $7.6T in H1
The Chinese mainland’s non-banking cross-border flows reached $7.6T in H1, with 53% in RMB and a $127.3B net inflow, marking a record high.
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China’s Foreign Exchange Reserves Dip to $3.22 Trillion in June 2024
China’s foreign exchange reserves slightly decreased to $3.22 trillion in June 2024, reflecting shifts in currency translation and asset prices, according to SAFE.