PBOC fixes USD/CNY reference rate at 7.1795 vs. 7.1796 previous

On Wednesday, the People’s Bank of China (PBOC) fixed the USD/CNY central rate at 7.1795, compared with Monday’s fix of 7.1796 and market expectations of 7.3079.

Oct 18, 2023

Default deadline looms for China's property giant Country Garden

Country Garden Holdings, China's largest private property developer, is hours away from defaulting on its $11 billion in offshore debt, yet to make a

PBOC fixes USD/CNY reference rate at 7.1795 vs. 7.1796 previous

Default deadline looms for China's property giant Country Garden

China Fixed Asset Investment (YTD) (YoY) came in at 3.1% below forecasts (3.2%) in September