Capital · available

~$3.85T FX reserves (May-2026) + ~$3.97T state SWFs (CIC + SAFE Investment + National Social Security Fund) — the largest sovereign dry powder on earth

high confidence · as of 2026-07-26 · about China

Sourced figures 2

Wikipedia — List of countries by foreign-exchange reserves foreign-exchange reserves incl. gold $3,850,586M (1 May 2026)
2026-05 high
Wikipedia — List of countries by sovereign wealth funds China SWFs total ~$3,974B (CIC, SAFE Investment, National Social Security Fund)
2026-07 med

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