PBOC data: 1H cross‑border RMB settlement under the current account totaled 9.83 tln yuan, of which goods trade accounted for 7.71 tln yuan and services and other current items 2.12 tln yuan. Cross‑border RMB settlement for direct investment was 4.17 tln yuan, split between 1.50 tln yuan in outbound direct investment and 2.67 tln yuan in inbound foreign direct investment.