MarketsNotableReportedDeveloping
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HSBC pivots to Hong Kong to capture China wealth outflows, raising Beijing risk
Financial Times·CN · HK · GB·1 day ago
China's external debt reached $2.498 trillion at end-Q2 2026, up 4% quarter-on-quarter per SAFE. The increase suggests continued cross-border borrowing amid global rate dynamics, but composition and currency breakdown remain undisclosed. This signals moderate external financing activity, with implications for capital flow monitoring.