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China Stats Bureau Spokesperson cites economic recovery, major state-owned banks sell Dollars to defend Yuan

Early Tuesday morning, Reuters cites anonymous source to state that China's major state-owned banks were seen selling the US Dollars to buy China Yuan

China state bureau spokesperson fu linghuiChina stats bureau spokesmanPeople bankChina state bureau spokespersonEarly tuesdayChina yuanRetail salesIndustrial productionProducer price indexChina state bureauConsumer price indexJuly retail sales

USD/CNH refreshes YTD top despite China banks defense of Yuan as PBoC cuts rates, economic fears grow

USD/CNH bulls cheer a slew of downbeat catalysts surrounding China to refresh the yearly high to 7.3126 during early Tuesday, close to 7.2940 by the p

New yorkUnited statesJanet yellenChina state bureau spokesperson fu linghuiChina stats bureauPeople bankIndustrial productionRetail salesReverse repoStats bureauChinese yuanChina stats bureau officialMedium term lending facilityJuly retail salesChina yuanNew york fed

China State Bureau: COVID-19 outbreaks, floods hit consumption in August

China State Bureau: COVID-19 outbreaks, floods hit consumption in August
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