Chinese economy

PBOC sets strongest yuan fix in over 3 years while braking appreciation

China's yuan is trading near its strongest level in more than three years against the dollar, with the People's Bank of China setting its daily reference rate at the firmest level since February 2023 while simultaneously acting to prevent the…

China’s steel output falls to lowest monthly level of 2026

Chinese steel production fell sharply in July, putting the world's largest steelmaking industry on course for its weakest annual output this decade as a prolonged property crisis and faltering domestic demand weigh on the broader economy.

China’s inflation slows sharply in July, missing forecasts

China's consumer and factory-gate inflation both cooled more than expected in July, underscoring persistent weakness in domestic demand even as Beijing prepares to ramp up fiscal spending in the second half of the year.