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MOFCOM: China and US Should Create Favorable Conditions for Two-Way Agricultural Trade
Ministry of Commerce spokesperson He Yadong said at the May 21 regular press conference that China and the United States should create favorable conditions for two-way agricultural trade and work to r
State Council Reviews National Unified Market Construction and PBoC Law Amendment
Premier Li Qiang chaired a State Council executive meeting on May 21, reviewing work to advance the construction of a national unified market, approving the 15th Five-Year Plan for modernizing China's
China MOFCOM Interprets Preliminary Outcomes of China-US Trade Consultations
At the invitation of President Xi Jinping, US President Trump paid a state visit to China from May 13 to 15, during which the two heads of state held talks in Beijing. On May 12-13, the China-US trade
China Asset Allure Shifts: Foreign Capital Pivots from Growth Play to Safety Premium
Backed by a unique energy structure, stable macro policies, and a resilient renminbi exchange rate, China is increasingly seen by foreign investors as a "safe harbor in turbulent times."Data show that
China's Cross-Border Capital Averaged Net Inflows of USD 14.9 Billion Per Month in March-April
China's State Administration of Foreign Exchange (SAFE) reported on May 18 that cross-border capital flows experienced some net outflows in March due to external disturbances, but returned to net infl
China Trims US Treasury Holdings: What's Behind the Selloff?
The U.S. Treasury's latest international capital flows report (TIC) shows that total foreign holdings of U.S. Treasuries fell from $9.49 trillion in February to $9.35 trillion in March. Among them, Ch
Onshore Yuan Closes at 6.7979 Against USD at 16:30, Up 73 Pips from Previous Session
The onshore Chinese yuan (CNY) officially closed at 6.7979 against the U.S. dollar at 16:30 Beijing time on May 18, 2026, rising 73 basis points from the previous trading day's official closing price,
PBOC Sets USD/CNY Central Parity Rate at 6.8435, Down 20 Points
The People's Bank of China set the USD/CNY central parity rate at 6.8435 on May 18, 2026, a decrease of 20 basis points from the previous trading day's fixing.
China Ministry of Commerce: China and US Reach Five Preliminary Outcomes in Trade and Economic Cooperation
At the China-US presidential summit on May 14, the two sides announced that economic and trade teams had reached broadly balanced and positive outcomes. China's Ministry of Commerce spokesperson on Ma
Weekend Roundup: Wang Yi Briefs on China-US Summit Outcomes; Trade Talks Yield Preliminary Results
Key market-moving news this weekend: Wang Yi briefed media on the China-US summit meeting and consensus; the State Council reviewed and approved the Urban Renewal 15th Five-Year Plan and the Agricultu