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” >>>
MACRO POLICY & REGULATION US Treasury Secretary Yellen met PBOC governor Yi Gang, former economy tsar Liu He >>>
MACRO China urges US to create good environment for healthy bilateral relations at start of Yellen’s visit >>>
MACRO POLICY & REGULATION China should implement targeted, coordinate measures to stabilize growth – Premier Li Qiang >>>
MACRO POLICY & REGULATION China’s industry ministry held meeting with manufacturing companies, vowed to promote manufacturers’ development >>>
MACRO President Xi Jinping urged military to deepen war, combat planning to increase chance of victory in actual combat >>>
MACRO POLICY & REGULATION VIEWS & ANALYSIS Mainland institutions don’t expect major policy easing measures or structural reforms – Goldman Sachs >>>
MACRO POLICY & REGULATION US’s export control measures, containment o Chinese semiconductor sector will eventually backfire – Commerce Ministry >>>
MACRO POLICY & REGULATION Chinese Premier Li Qiang met with Japanese delegation, expressed concerns of Japan’s export controls on chip equipment >>>
DATA MACRO Hong Kong PMI remained in expansion for 6th straight months in Jun, growth rate slowed >>>
FOREX MACRO China’s big state banks lower dollar deposits rate for second time in a month to curb yuan’s weakening – state media >>>
DATA MACRO China’s rail, air passenger trips this summer to exceed 2019-levels, air ticket price likely to be 5% higher >>>
MACRO VIEWS & ANALYSIS Yellen’s China visit another step towards stabilization of bilateral relations; more high-level talks may prepare for future Xi-Biden meeting – Morgan Stanley >>>
MACRO POLICY & REGULATION China committed to stability of global supply chain, export control is common practice – Foreign Ministry >>>
MACRO POLICY & REGULATION Chinese Ambassador Xie Feng to US met US Treasury Secretary Janet Yellen >>>
MACRO POLICY & REGULATION US preparing to curb Chinese companies’ access to cloud computing service – report >>>
MACRO POLICY & REGULATION Head of state planner NDRC met five private companies, pledged policy support >>>
BONDS MACRO China’s treasury futures slide amid market expectations for special treasury bond issuance >>>
DATA MACRO Hong Kong retail sales grew at faster pace in May, more improvement expected in coming months >>>