2024 Newsletters

CPI (Consumer Price Index) for September 2024 rose 0.4% In September 2024, China’s consumer price index (CPI) rose 0.4% year-on-year. Among them, urban areas rose 0.4%, and rural areas rose 0.6%. Food prices increased by 3.3%, while non-food prices decreased…

Historic Milestone: Market Transaction Surpasses 1 Trillion in Just 20 Minutes On the first trading day following the National Day holiday, the Chinese stock market experienced a historic moment. On October 8th, the Shanghai Composite Index opened with a gain…

Is CNY Going Viral? Check What’s Happened! Currency Exchange Rates Recent fluctuations in the CNY/USD exchange rate have captured market attention, particularly as the offshore yuan has breached the 7 mark. On Wednesday, the US dollar to offshore CNY rate…

How the Fed Rate Cut Will Affect the Average Chinese Citizen? The recent decision by the Federal Reserve (Fed) to cut interest rates has become a focal point of discussion across various sectors, from financial markets to everyday citizens. This…

China’s Retail Landscape: August 2024 Insights and Trends In August 2024, China’s retail sales of consumer goods reached CNY 38,726 billion, marking a y-o-y growth of 2.1%. For the first eight months of the year, the total retail sales amounted…

CPI (Consumer Price Index) for August 2024 In August 2024, China’s consumer price index (CPI) rose 0.6% y-on-y. Among them, urban areas rose 0.6% and rural areas rose 0.8%. Food prices rose 2.8% and non-food prices rose 0.2%. Consumer goods…

China’s Purchasing Managers’ Index (PMI) for August 2024 Manufacturing PMI Overview In August, China’s Manufacturing PMI stood at 49.1%, a decrease of 0.3 percentage points compared to the previous month, indicating a slight decline in manufacturing sentiment. When broken down…

Price Trends in China’s Production Materials – Mid August 2024 The latest report from the National Bureau of Statistics of China provides a comprehensive overview of the price fluctuations in significant production materials across the country as of mid-August 2024.…

China’s Real Estate Market Sees Decline in First Seven Months of 2024 The National Bureau of Statistics of China has released the key figures for the real estate market in the first seven months of 2024. The data shows a…

Chinese Yuan Appreciates Against the US Dollar Since July 2024 The Chinese yuan has strengthened against the US dollar since July 2024, with the USDCNY exchange rate decreasing from around 7.25 in early July to 7.17 as of August 9,…