The PBOC said cross‑border renminbi settlements under the current account
totaled 1.75 tln yuan in July, with goods trade at 1.32 tln yuan and
services/other current items at 0.43 tln yuan. Cross‑border renminbi settlements
for direct investment were 0.63 tln yuan, split into 0.22 tln yuan outbound
direct investment and 0.41 tln yuan inbound foreign direct investment.