PBOC data: 1H cross‑border RMB settlement under the current account totaled 9.83
tln yuan, of which goods trade accounted for 7.71 tln yuan and services and
other current items 2.12 tln yuan. Cross‑border RMB settlement for direct
investment was 4.17 tln yuan, split between 1.50 tln yuan in outbound direct
investment and 2.67 tln yuan in inbound foreign direct investment.