Beijing stays firm as markets anticipate trade truce before Trump-Xi talks
Ahead of the Trump-Xi summit, China remains steady with record trade surplus, while markets expect only a truce extension, not a major deal.
21/09/2026 05:119 min read
China
PBOC likely to set USD/CNY midpoint at 6.6951, Reuters poll shows
Reuters estimates the PBOC will set the USD/CNY reference rate at 6.6951, with the fixing mechanism signalling concerns over yuan appreciation pace.
21/09/2026 00:3218 min read
Bessent and Greer describe US-China talks as productive; trade body goes live
Bessent called US-China talks 'very successful' as the Board of Trade became operational ahead of a Trump-Xi summit.
21/09/2026 00:1117 min read
China maintains LPRs for 16th month as Fed rate hike curbs easing room
China kept its one-year and five-year loan prime rates unchanged for the 16th straight month, as the Fed's rate hike limited policy space.
20/09/2026 22:0313 min read
China urged Iran to rein in Houthis after Saudi plea, sources say
China privately asked Iran to help rein in Yemen's Houthis after a Saudi appeal, sources say.
17/09/2026 12:245 min read
PBOC likely to fix USD/CNY at 6.7241, Reuters poll shows
PBOC expected to fix USD/CNY at 6.7241; recent moves show concern over pace of yuan gains.
17/09/2026 00:4316 min read
Nike shares sink to 12-year low amid China, tariff and turnaround worries
Nike shares hit a 12-year low near $35.80 on Wednesday amid China weakness, tariff costs and turnaround doubts, after price target cuts from Telsey and Baird.
16/09/2026 23:1115 min read
Xi-Trump meeting on Sept. 24 faces risk from Taiwan weapon sale
Chinese President Xi Jinping's planned summit with Donald Trump on September 24 may be cancelled if the US approves a $14 billion Taiwan arms sale.
16/09/2026 22:5214 min read
US Ready to Discuss AI Risks With China Ahead of Xi Visit
Bessent is open to AI-risk talks with China in New York but ruled out slowing US development. Both governments rejected calls for an AI slowdown.
16/09/2026 21:578 min read
China central bank chief signals pivot from loan targets to rates, debt stability
PBOC Governor Pan Gongsheng's Qiushi article signals a shift to price-based tools from loan targets, aiming to stabilise debt.
16/09/2026 02:2116 min read
US proposes limits on foreign parts in AI hardware production
Washington proposes capping foreign parts in AI chips and servers to block China from using Mexico to avoid US tariffs.
15/09/2026 21:1115 min read
China's factories lead as consumption and investment lag in August data
China's August data showed industrial output beating forecasts while retail sales and investment lagged, widening the gap between factory strength and…
15/09/2026 03:0118 min read
China's August retail sales rise 0.4% year-on-year, missing forecasts
China's August retail sales rose 0.4% year-on-year, missing the 0.6% expectations, while industrial production beat forecasts.
15/09/2026 02:112 min read
China home prices slip again in August, extending property slump
China's new home prices fell 3.0% year-on-year in August, easing slightly from July's 3.2% drop, as the property downturn persists with uneven city-level…
15/09/2026 01:5116 min read
PBOC fixes USD/CNY at 6.7670, beating Reuters estimate
PBOC set the USD/CNY central rate at 6.7670, above the Reuters estimate of 6.7051. It injected 597 billion yuan via overnight reverse repos, with no seven-day…
15/09/2026 01:312 min read