DATA MACRO Yangtze Delta’ railway passenger trips in Apr – Jun rose over 10% from 2019-level, summer passenger volume expected to rise significantly >>>
MACRO China’s top diplomat Wang Yi met US Secretary of State Antony Blinken for 2nd time in a month, called for practical actions from US to get bilateral relations back on right track >>>
MACRO POLICY & REGULATION China to maintain potential growth within reasonable range, has conditions to keep normal monetary policy – PBOC Governor Yi Gang >>>
DATA MACRO Chinese civil aviation’s recovery in H1 exceeded expectations, domestic passenger flights this summer to rise 11% from 2019-level – official >>>
MACRO China open to visit of US commerce secretary Gina Raimondo, to address mutual concerns through dialogues – China’s commerce ministry >>>
MACRO China’s top diplomat Wang Yi to meet US Secretary of State Antony Blinken on Thu in Indonesia >>>
DATA MACRO China’s bilateral trade with US fell 8.4% on year in H1, trade with Belt Road countries rose 9.8% – customs administration >>>
COMMODITIES DATA MACRO China’s bulk commodity imports rose 17.1% on year in first half – customs administration >>>
DATA MACRO China’s exports of mechanical, electrical products rose 6.3% on year in H1, accounting for 58.2% of total – customs administration >>>
DATA MACRO China’s exports, imports exceeded 20 tn yuan in H1 for first time, exports rose 3.7% – customs administration >>>
MACRO POLICY & REGULATION Chinese President Xi Jinping calls for efforts to lift opening-up to new level >>>
MACRO VIEWS & ANALYSIS Sustainability of China’s credit rebound in June in question, more support for real estate needed to avoid confidence trap – Citi Research >>>
MACRO VIEWS & ANALYSIS China may not roll out large-scale stimulus policy in H2, Q2 GDP growth to reach 7% – research >>>
DATA MACRO Some 17,600 water conservancy projects started construction in H1, most on record – ministry >>>
MACRO VIEWS & ANALYSIS China’s Q2 GDP growth to reach about 7%, government should step up counter-cyclical policy measures – state think tank >>>
MACRO China urged US to remove additional tariffs on Chinese goods, stop crackdowns on Chinese firms during Yellen’s visit – finance ministry >>>
DATA MACRO China’s factory-gate price fell at fastest pace in over seven years, consumer inflation hit zero >>>
MACRO POLICY & REGULATION China’s former finance minister called for subsidies for small firms, full removal of property purchase curbs >>>
MACRO VIEWS & ANALYSIS China should shift focus of stimulus to consumption from investment, relax restrictions on “Hukou” – PBOC advisor >>>
DATA MACRO China’s railway passenger trips in H1 close to 2019-level, volume in Apr – Jun higher than pre-pandemic levels >>>
MACRO Chinese Premier Li met US Treasury Secretary Yellen, urges US to hold rational attitude to push bilateral relations back on right track as soon as possible >>>
MACRO US Treasury Secretary Yellen calls for market reforms in China, said US not seeking “separation of economies” >>>