China's Banks Record 2.44 Trillion USD in Settlements Against 2.08 Trillion USD in Payments in May

According to China's State Administration of Foreign Exchange (SAFE), China's banks settled 16.676 trillion Chinese yuan (2.439 trillion USD) and paid out 14.229 trillion yuan (2.081 trillion USD) in May 2026. For the January-May period, cumulative settlements reached 87.624 trillion yuan (12.675 trillion USD), while cumulative payments totaled 72.755 trillion yuan (10.530 trillion USD).
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