China's foreign exchange saw record-breaking transactions in 2025, with total trading volume and corporate hedging ratios reaching new highs, signaling growing stability and resilience.
The country's foreign exchange market recorded a total transaction volume of 42.6 trillion U.S. dollars in 2025, the highest in its history, according to data released by the State Administration of Foreign Exchange (SAFE) on Thursday. The corporate foreign exchange hedging ratio also climbed to 30 percent, setting another record.
In 2025, cross-border revenue and expenditure by enterprises, individuals, and other entities totaled 15.6 trillion U.S. dollars, marking an increase of nearly 10 percent compared to the previous year.
Cross-border capital flows shifted from a net outflow at the beginning of the year to a net inflow, reaching a total net inflow of 302.1 billion U.S. dollars for the full year. And banks recorded a foreign exchange settlement and sales surplus of 196.6 billion U.S. dollars.
China's Forex transactions hit historic high in 2025
China's Forex transactions hit historic high in 2025
A spokesperson for the International Maritime Organization (IMO) said on Monday that the situation in waters near the Strait of Hormuz remains volatile, urging vessels in the area to take maximum caution.
"The situation continues to be volatile. Ships should take maximum caution and not take risks without security guarantees," the spokesperson said in a statement.
According to the information released on the IMO website, as of April 19, a total of 24 attacks on ships in the affected waters had been confirmed, resulting in the deaths of 10 seafarers.
The IMO, the United Nations specialized agency responsible for maritime safety and security, as well as the prevention of marine and atmospheric pollution by ships, has called for de-escalation, dialogue, and multilateral cooperation regarding the situation in the Strait of Hormuz.
Meanwhile, Iranian Foreign Ministry spokesperson Esmail Baghaei said on Monday that with the U.S. repeatedly violating ceasefire deals and posing threats to Iran’s ports and vessels, a unilateral return to normal shipping remains out of reach.
Also on Monday, the U.S. Central Command claimed in a social media post that the U.S. forces have directed 27 vessels to turn around or return to Iranian ports since its blockade on navigation through the Strait starting April 13.
However, according to a report released from Lloyd's List on Monday, at least 26 vessels involved in Iranian shipping had managed to break through the U.S. blockade.
IMO urges ships near Strait of Hormuz to be on maximum alert