China’s Foreign Reserves Reach Highest Level in Decade

China’s Foreign Reserves Reach Highest Level in Decade

China’s foreign exchange reserves rose by $17 billion to $3.339 trillion in September 2025, up from $3.322 trillion in August, marking the highest level since November 2015.

The increase came as the dollar weakened against other major currencies across forex markets amidst global economic uncertainties.

Gold reserves stood at 74.06 million fine troy ounces at the end of September, up from 74.02 million ounces at the end of August, with the central bank purchasing the precious metal for the eleventh consecutive month.

The country’s foreign exchange reserves increased for the second month in a row in September to $3.3387 trillion, up 0.5 percent or $16.5 billion from the previous month, the State Administration of Foreign Exchange said on Tuesday.

The $3.3387 trillion in reserves marked the highest level since November 2015, when it stood at $3.4383 trillion, according to the foreign exchange regulator.

The administration said China’s steady economic performance and high-quality development will continue to help keep its foreign exchange reserves generally stable going forward.

Diversified trading partners, an optimised product structure and progress in trade talks with the United States have all helped exports remain the cornerstone for stabilising cross-border capital flows.

Despite global trade uncertainties, the country’s exports in goods went up 7 percent year-on-year to $1.7 trillion in the first half of the year, according to the balance of payments data released by the State Administration of Foreign Exchange, leading to a trade surplus in goods of $456.7 billion.

The data also showed that net overseas investment inflows into onshore securities reached $37.3 billion in the same period, surpassing the $26.6 billion for the whole of 2024, with equity investment accounting for three-quarters of the amount.

The administration said the country’s official gold reserves came in at 74.06 million ounces at the end of September, up from 74.02 million ounces a month earlier, marking the 11th consecutive month of increase.

The foreign reserves surged as market reports showed that gold prices hit record highs amid expectations of the US Fed’s rate cuts and doubts about its policy independence. #China’s Foreign Reserves Reach Highest Level in Decade 10-Year US Treasury Yield Falls to 4% amidst Govt. Shutdown