Advertisement
China Total Social Financing
Total social financing, which refers to the total amount of funding provided by the financial system to the real economy (domestic non-financial firms and families) over a given period of time is used to refer to loans to the private sector in China. Total social finance is a comprehensive measure of credit and liquidity in the economy since it covers off-balance-sheet types of financing such as initial public offerings, loans from trust firms, and bond sales.
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 Inflation Turns Positive; PPI Continues To Fall
China's consumer prices rose for the first time in five months in June but it remained weak and producer prices marked its 33rd straight month of decline, adding pressure on policymakers to introduce more measures to support economy. The consumer price index logged an unexpected annual growth of 0.1 percent in June, offsetting a fall of 0.1 percent in May, the National Bureau of Statistics said
RTTNews | 9h 42min ago
China Inflation Slips 0.1% On Month In June
Consumer prices in China were down a seasonally adjusted 0.1 percent on month in June, the National Bureau of Statistics said on Wednesday.
RTTNews | 16h 11min ago
China Services Activity Logs Softest Growth In 9 Months
China's services activity expanded at the slowest pace in nine months in June on falling export business, survey data from S&P Global showed on Thursday. The Caixin services Purchasing Managers' Index registered 50.6 in June, down from 51.1 in May. The score has remained above the 50.0 threshold for the thirtieth consecutive month and the reading signaled the softest rise since last September.
RTTNews | 6 days ago
