China's Foreign Assets Hit $12 Trillion Record as of March 2026; Net Assets Rank Second Globally

According to National Foreign Exchange Administration Deputy Director Li Bin at a State Council Information Office briefing on July 17, China's foreign assets reached approximately $12 trillion as of March 2026, a historic high. The country's net foreign assets exceeded $4 trillion, ranking second globally. During the first five months of 2026, domestic entities added over $300 billion in new foreign investments, driven by sustained current account surpluses being channeled into global assets across regions, industries, and financial markets.
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