AI Data Insight

The latest data shows that "monetary gold" in China's Q4 2025 balance of payments (BOP) remained at 0.0 billion RMB, unchanged from the previous quarter. Although the book data has shown zero change for multiple consecutive quarters, the People's Bank of China (PBOC) has substantially continued to accumulate gold through domestic channels, reflecting its long-term strategy of de-dollarization and optimizing the international reserve structure.

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