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China: China reports forex settlement surplus in November
Shotlist FILE: Beijing, China - Date Unknown 1. Sign of State Administration of Foreign Exchange FILE: China - Exact Location and Date Unknown 2. Foreign exchange business counters 3. Signs reading "Individual foreign exchange", "Service trade" 4. Bank clerks serving clients at counter 5. Screen showing "Foreign exchange business" FILE: Shanghai, China - Date Unknown 6. Customers at service window FILE: Beijing, China - Date Unknown 7. U.S. dollar banknotes going through counting machine FILE: China - Exact Location and Date Unknown 8. Signs showing "Swift counter", "Foreign exchange" 9. Chinese yuan banknotes going through counting machine 10. Japanese yen banknotes going through counting machine 11. Stacks of foreign banknotes 12. Bank clerk counting Chinese yuan banknotes 13. Various of bundles of Chinese yuan banknotes, bank clerks working Wuhu City, Anhui Province, east China - Recent 14. Various of auto production line, equipment in operation Guangxi Zhuang Autonomous Region, south China - Recent 15. Aerial shots of vehicles at port FILE: Guangxi Zhuang Autonomous Region, south China - Date Unknown 16. Aerial shot of containers being transferred onto freight train FILE: Kunming City, Yunnan Province, southwest China - Date Unknown 17. Containers being transferred onto freight train 18. Freight train moving 19. Aerial shot of freight train running on China-Laos Railway FILE: Guangxi Zhuang Autonomous Region, south China - Date Unknown 20. Aerial shot of freight train running FILE: Guangxi Zhuang Autonomous Region, south China - Date Unknown 21. Aerial shots of port scene 22. Container being transferred FILE: Tianjin Municipality, north China - Date Unknown 23. Trucks moving 24. Aerial shot of cargo vessel at port Storyline China saw a forex settlement surplus of 15.7 billion U.S. dollars in November 2025, official data showed on Friday. The amount of foreign exchange settlement by banks reached 209.5 billion dollars last month, while sales stood at 193.8 billion dollars, according to the State Administration of Foreign Exchange. In the first 11 months of the year, the accumulative amount of forex settlement by banks amounted to nearly 2.28 trillion dollars, while sales reached around 2.18 trillion dollars. In November, the amount of cross-border receipts and payments by non-banking sectors was 654.5 billion dollars and 636.7 billion dollars, respectively, the administration said. During January to November, the accumulative amount of cross-border receipts and payments by non-banking sectors stood at about 7.15 trillion dollars and 6.96 trillion dollars, respectively, it added. China's foreign exchange market remained stable in November, while global markets saw high volatility, with the U.S. dollar weakening and major non-U.S. currencies strengthening, according to Li Bin, deputy director and spokesman of the State Administration of Foreign Exchange. Cross-border transactions remained brisk last month, with non-bank sectors recording 1.3 trillion U.S. dollars in cross-border inflows and outflows, up 8 percent month on month. The cross-border transaction surplus reached 17.8 billion dollars, below the September-October average of 24 billion dollars. Goods trade remained the main driver of net inflows, while services, investment income and direct investment flows were stable. Securities investment also showed steadier trends in recent weeks. [Restrictions: No access Chinese mainland]
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