AI Data Insight
In the second quarter of 2026, China's financial account deficit reported $157.247 billion, slightly narrowing from the $188.069 billion deficit in the first quarter, but still remaining at a historical high. Currently, the massive trade surplus is significantly translating into overseas asset allocations by enterprises and the private sector, reflecting an unabated structural trend of capital outflows. To defend against capital flight and stabilize the RMB exchange rate, authorities have stepped up efforts to plug loopholes in non-compliant cross-border capital outflows.