Chinese Imports YoY Yuan-Denominated (Dec) Y/Y 0.5% (Prev. 1.7%)
The year-on-year growth in Chinese imports has slowed to 0.5% in December, down from the previous rate of 1.7%.
Beijing is no longer seeking to make new advances into LatAm in the near term, WSJ sources report, instead focus shifted towards if the western hemisphere belongs to the US, then the Taiwan Strait belongs to China, but does not mean immediate action
The Finance Markets Department of the BoJ will hold the meeting on market operations on February 26th
Chinese Imports YoY Yuan-Denominated (Dec) Y/Y 0.5% (Prev. 1.7%)
China’s MIIT Minister Li announces plans to expand auto consumption and boost vehicle trade-in program
[MARKET UPDATE] Spot silver (XAG) extends to a new ATH of USD 89.13/oz with spot XAU currently +0.6%, c. USD 20/oz shy of ATHs of USD 4634/oz
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This deceleration could signal weakening demand domestically, impacting global supply chains and raising concerns about China's economic momentum, which may influence market sentiment and commodity prices accordingly.
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