Free Trial
USDCAD TECHS

Impulsive Rally Extends

US TSYS

Late Eurodollar/SOFR/Treasury Option Roundup

EURJPY TECHS

Price Is Below The 50-Day EMA

US

Late Corporate Credit Update

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI:China Needs To Step Harder On Macro Levers To Boost Demand

Hopes for a quicker rebound have stumbled in China as real estate and exports face downturns.

True

Lack of demand is becoming the main constraint of the Chinese economy after an initial quick rebound as it emerged from Covid lockdowns, and recovering momentum requires macro policy to play an even bigger role in boosting investment and consumption, according to analysts.

The recent data on manufacturing activities indicated a slower pace of economic recovery, as both the official manufacturing PMI and Caixin PMI focusing on smaller manufacturers fell by over one percentage point in July to 49.0 and 50.4, respectively.

Keep reading...Show less
651 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Lack of demand is becoming the main constraint of the Chinese economy after an initial quick rebound as it emerged from Covid lockdowns, and recovering momentum requires macro policy to play an even bigger role in boosting investment and consumption, according to analysts.

The recent data on manufacturing activities indicated a slower pace of economic recovery, as both the official manufacturing PMI and Caixin PMI focusing on smaller manufacturers fell by over one percentage point in July to 49.0 and 50.4, respectively.

Keep reading...Show less