China’s Foreign Reserves Rise to $3.38 Trillion
China’s foreign exchange reserves inched higher by about $3 billion to $3.2853 trillion at the end of May 2025, up 0.11% from the end of April, official data from the State Administration of Foreign Exchange (SAFE) showed Saturday.
This marked the highest level since December 2015, driven by fiscal and monetary policies and economic growth prospects of major economies. The US Dollar Index experienced minor fluctuations, and global financial asset prices showed a mixed performance in May.
The combined impact of exchange rate conversions and changes in asset prices contributed to the rise of China’s foreign exchange reserves, the State Administration of Foreign Exchange said in a statement.
The latest FX readings marked the fifth consecutive month of growth in China’s foreign exchange reserves this year. The country’s foreign reserves increased by $6.6 billion in January, $18.2 billion in February, $13.441 billion in March, $41 billion in April, and $3.6 billion in May.
In April 2025, the export and import of China’s international trade in goods and services totaled RMB 4370.6 billion, up 6 percent over the same time last year. Of this, the export of goods recorded RMB 2101.0 billion and the import recorded RMB 1654.6 billion, resulting in a surplus of RMB 446.4 billion.
The export of services recorded RMB 250.5 billion, and the import recorded RMB 364.4 billion, resulting in a deficit of RMB 113.8 billion.
In terms of the major items, the export and import of travel, transport, other business services, telecommunications, and computer and information services registered RMB 171.8 billion, RMB 170.9 billion, RMB 106.7 billion, and RMB 73.3 billion, respectively.
In US dollar terms, in April 2025, the export and import of China’s international trade in goods and services were USD 326.5 billion and USD 280.3 billion, respectively, with a surplus of USD 46.2 billion. #China’s Foreign Reserves Rise to $3.38 Trillion University Press Plc Soars by 35% in Fresh Rally
