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China reports $195B current account surplus
Data from China's National Foreign Exchange Administration show that the country's current account surplus reached 1.33 trillion yuan (approximately $195.1 billion) in the second quarter of 2026, reflecting a strong external balance. During this period, China recorded a trade surplus in goods of 1.91 trillion yuan, while the trade in services and primary income experienced deficits of 358.4 billion yuan and 257.2 billion yuan, respectively. The secondary income account also posted a surplus of 42.8 billion yuan, whereas the capital and financial account showed a deficit of 1.33 trillion yuan, despite continued inflows from foreign direct investment. In the first half of 2026, the current account surplus totaled 2.62 trillion yuan, with a goods trade surplus of 3.63 trillion yuan and a services trade deficit of 772 billion yuan, indicating the sustained strength of China's external balance.
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