🌍 China is becoming a key liquidity engine for global markets. China’s non-official sector overseas assets jumped +$260B in Q3 2025 to a record $1.95T. That’s nearly +$1T in the first 3 quarters of 2025. Chinese private investors bought roughly +$535B in U.S. + European stocks and bonds, fueled by a record $1.2T trade surplus. Unlike the past, these flows are going through the private sector not the central bank. Global markets are increasingly reliant on liquidity from China. ⚡️

🌍 China is becoming a key liquidity engine for global markets.

China’s non-official sector overseas assets jumped +$260B in Q3 2025 to a record $1.95T.

That’s nearly +$1T in the first 3 quarters of 2025.

Chinese private investors bought roughly +$535B in U.S. + European stocks and bonds, fueled by a record $1.2T trade surplus.

Unlike the past, these flows are going through the private sector not the central bank.

Global markets are increasingly reliant on liquidity from China. ⚡️