China FDI (YTD) YoY
The total amount of foreign capital invested in local industries or entities in the non-financial sector over the course of a particular year is referred to in China as the Foreign Direct Investment.
A higher than expected figure should be seen as positive (bullish) for the CNY while a lower than expected figure should be seen as negative (bearish) for the CNY.
News (CNY)
China GDP Growth Tops Expectations In Q1
China's economy posted a stronger-than-expected growth in the first quarter as strong exports on the back of weaker currency helped to counteract the downturn in the property market. Gross domestic product grew 5.3 percent on a yearly basis in the first quarter, the National Bureau of Statistics reported Tuesday. The growth rate exceeded both expectations of 5.0 percent and the previous quarter'
RTTNews | 3 days ago
China GDP Expands Annualized 5.3% In Q1
China's gross domestic product gained 5.3 percent on year in the first quarter of 2024, the National Bureau of Statistics said on Tuesday - exceeding expectations for an increase of 4.8 percent and up from 5.2 percent in the previous three months.
RTTNews | 3 days ago
China Keeps Medium-Term Lending Facility Rate Unchanged
China left its medium-term lending facility rate unchanged on Monday as the central bank focus more on diverting risks to the weakening yuan. The People's Bank of China conducted CNY 100 billion of one-year MLF at an interest rate of 2.5 percent. The interest rate was kept unchanged from the previous session. The bank injected CNY 2 billion via seven-day reverse repos at a rate of 1.8 percent.
RTTNews | 4 days ago
