State Administration of Foreign Exchange: at end-June 2026 China’s banking
sector had USD 2.144 tln in external financial assets and USD 1.473 tln in
external liabilities, yielding net external assets of USD 671.7 bln. By
currency, banks recorded a RMB net liability of USD 75.4 bln and
foreign-currency net assets of USD 747.0 bln. Asset breakdown: cross-border
deposits and loans USD 1,169.4 bln (55% of external assets), bonds USD 667.6 bln
(31%), equity and other USD 307.3 bln (14%). External assets by currency: RMB
USD 707.7 bln (33%), US dollar USD 983.3 bln (46%), other currencies USD 453.3
bln (21%). By counterparty, exposures to foreign banks USD 1,084.1 bln (51%) and
to foreign non-bank sectors USD 1,060.2 bln (49%).
