Dossier
Institute of International Finance
Coverage of Institute of International Finance in the Nexus archive.
- China’s foreign reserves hold steady as external earnings stay in private hands
China’s foreign exchange reserves remained stable despite a record $1.18 trillion trade surplus, as external earnings increasingly accumulated in domestic households, commercial banks, and corporations rather than central government reserves, according to an Institute of International Finance report. The country’s non-reserve sector, including banks and companies, holds significant external earnings in 2025.