MACRO

China Records Twin Surplus in Forex Settlement and Cross-Border Payments, Foreign Investors Increase Holdings of Onshore Stocks

China Expands Use of Local Government Special-Purpose Bonds to Repay Arrears and Support PPP Projects Amid Fiscal Strains

Why Is China’s Economy Uneven in May, with Only Consumption Standing Out?

China’s Consumer Goods Trade-In Subsidies Running Low, Authorities Confirm Support Through Year-End

China’s May Retail Sales Grew Fastest Since Feb 2024, Far Exceeds Market Expectations

China Fixed-Asset Investment Growth Slows as Real Estate Drag Deepens and Manufacturing Momentum Eases

China’s Industrial Growth Slows Slightly in May, But Momentum Holds Amid Policy Support

Bond Financing Overtakes Loans as Main Driver of China’s Social Financing in May 2025

US Imposes 50% Tariff on Steel-Based Home Appliances — What Does It Mean for Chinese Exports?

China’s Three Tier-One Cities Begin Acquiring Completed Properties for Use as Affordable Housing

Chinese Local Governments Issued Over 80% of 2025 Hidden Debt Swap Bonds, Some Provinces Completed Issuance

Chinese Bonds Rally as 10-Year Treasury Yield Nears Historic Lows, Dozens of Bond Funds Impose Purchase Limits

China’s Excavator Sales Slow in May as Domestic Demand Weakens, Exports Lose Steam

Chinese Provinces Accelerate Project Reserves for New Policy-Based Financial Instruments, Could Mobilize 6 Tn Yuan in Investment

China and US Reach Framework in Principle to Implement the Consensus, Chinese Side Says