Significantly Below Market Expectations! China’s October New Yuan Loans Drop Sharply – What’s the Signal?

FX168 Financial News Agency (Asia-Pacific) reported that the Bank of China's new RMB loans in October saw a significant decline, falling far below market expectations and reflecting continued weakness in credit demand.

FX168Nov 13 19:43

Reported Sunday, CNH Unveils FLEETPRO Line Offering Certified Spare Parts And CHC Navigation Precision Kits For Legacy Farm Equipment

BenzingaNov 10 16:11

China Producer Prices Fall at Softer Pace in October

MT NewswiresNov 10 09:09

China’s latest data came as a surprise! October CPI rebounded to growth exceeding expectations, while PPI remained in negative territory for the third consecutive year.

China's deflationary pressures eased in October as consumer prices returned to growth after two consecutive months of declines, showing signs of a rebound in prices. However, the producer price index continued to decline and has remained in negative territory for three consecutive years, indicating that the world’s second-largest economy still faces dual pressures from weak domestic demand and falling exports.

FX168Nov 9 11:38

China’s CPI rose 0.2% year-on-year in October, with core CPI reaching its highest level since March 2024, and PPI posting the first monthly increase this year.

In October, the continuous effectiveness of policies to expand domestic demand, coupled with the boost from the National Day and Mid-Autumn Festival holidays, led to a 0.2% month-on-month increase in the CPI and a 0.2% year-on-year rise. The core CPI, excluding food and energy prices, increased by 1.2% year-on-year, marking the sixth consecutive month of expansion. The PPI turned positive with a 0.1% month-on-month increase in October, the first rise within the year, while the year-on-year decline continued to narrow.

wallstreetcnNov 9 10:35

LME: Starting from November 1, increase the interest rate for offshore RMB used as collateral.

As the international market's acceptance of the RMB continues to increase, and many Chinese-funded enterprises trade on the LME, the role of the RMB in LME Clear's collateral portfolio is becoming increasingly significant.

Zhitong FinanceNov 7 19:56