Elena Nikulina

China central bank monthly reserves increase by $15 billion, Brad Setser notes

China central bank monthly reserves increase by $15 billion, Brad Setser notes
China reserves up $15 billion in June

Brad Setser reports that China's central bank and state commercial banks have released balance sheet data for June. He notes that there were no surprises this month, with the People's Bank of China reserves increasing by a predictable $15 billion monthly throughout 2026, a shift from the -$10 billion monthly seen previously.

Setser previously reported that China's holdings of U.S. Treasuries held by custodians fell to an 18-year low, noting that official data does not capture offshore assets. He has also highlighted that German auto exports to China dropped sharply, posing economic risks. These developments provide context for continued attention on China's external financial positions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.