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From 6.79 to 6.74 in Three Days China's renminbi strengthened modestly but meaningfully in mid-August 2026, reversing a brief softening seen earlier in the month. The PBOC fixed the central parity rate at 6.7900 per
Historic Low Rates The weighted average interest rate for newly issued personal housing loans stood at approximately 3.1% in July 2026, according to data from the People's Bank of China released on August 14. This represents the
Disclosure Details Vanke A (000002.SZ) disclosed on August 13 that as of July 31, 2026, the company and its subsidiaries had a total guarantee balance of 939.06 billion yuan. This represents 80.33% of the company's
Strong External Position China's current account recorded a surplus of 2,617.4 billion yuan in the first half of 2026, according to preliminary balance of payments data released by the State Administration of Foreign Exchange on August
Broad Money Growth Accelerates China's broad money supply (M2) reached 355.51 trillion yuan at the end of July 2026, representing a 7.7% year-on-year increase, according to data released by the People's Bank of China
Yuan Holds Near 6.79 Amid Broad Dollar Rally China's renminbi traded at 6.7900 per dollar in the PBOC's daily central parity rate on August 13, 2026, reflecting modest downward pressure from a broadly strong
CPI Holds at 0.5% as Food and Energy Ease China's consumer price index rose 0.5% year-on-year in July 2026, down from 1.0% in June, as food and energy prices retreated, the National Bureau of Statistics
China's corporate credit market is showing signs of structural transformation, with new enterprise loans declining for the third consecutive month in July 2026, while bill financing surged as companies shifted toward cheaper bond and commercial paper alternatives — reflecting
China's corporate credit market is showing signs of structural transformation, with new enterprise loans declining for the third consecutive month in July 2026, while bill financing surged as companies shifted toward cheaper bond and commercial paper alternatives — reflecting
The People's Bank of China released its July 2026 financial data on August 13, showing that broad money supply (M2) reached 303.31 trillion yuan, representing year-on-year growth of 6.3% — a figure that fell slightly below market