AI Data Insight
China's financial account reserve assets recorded USD -74.591 billion (representing a net increase in assets) in the second quarter of 2026, significantly expanding from the previous value of USD -47.941 billion and marking the largest single-quarter increase since the first quarter of 2014. Benefiting from a massive current account surplus and strong corporate demand for foreign exchange settlement, a large influx of cross-border foreign exchange prompted the PBOC to passively absorb foreign exchange to smooth the appreciation pressure on the RMB.