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EUROPEAN DATA

PMI: "Survey-record price increases"

US-CHINA

Biden Commits To Taiwan Defence, Beijing Pushes Back

DATA REACT

EURUSD to high of the day but limited FI reaction

DATA REACT

EURUSD to high of the day but limited FI reaction

CHINA PRESS

New credit and lending by Chinese banks this year will be close to that of 2020 given the government's emphasis on a stable monetary policy, the Economic Information Daily said citing Wang Yifeng, chief analyst of finance industry at Everbright Securities. New RMB loans in 2020 was CNY19.63 trillion, CNY2.82 trillion higher than 2019, MNI noted. Supporting SMEs will remain the priority of banks this year and growth of loans to real estate sector will drop significantly, the newspaper said citing Zeng Gang, the director of Shanghai Institute for Financial and Development.