China Records $24.72 Billion Cross-Border Capital Inflows in First Half of 2026

According to the State Council Information Office, China's cross-border capital flows showed a net inflow of $24.72 billion in the first half of 2026, with non-bank entities including enterprises and individuals accounting for the bulk of inflows. According to Deputy Director of the State Administration of Foreign Exchange Li Bin, January-February saw elevated inflows as enterprises rushed to collect payments before Lunar New Year. In March, geopolitical tensions and volatile international financial markets triggered a modest outflow; flows subsequently returned to positive territory, though the pace slowed from June onward. Merchandise trade inflows continued to grow year-on-year, foreign direct investment in China recovered overall, and service trade deficits narrowed amid accelerating export growth.
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