- G10 Markets
- Fixed Income
- Foreign Exchange
- Emerging Markets
- MNI Research
- Global Macro
- Political Risk
- About Us
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.LATEST FROM POLICY:
- G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.Launch MNI PodcastsFixed Income FI Market AnalysisCentral Bank PreviewsFI PiEurozone/UK Bond Auction CalendarEurozone/UK T-bill Auction CalendarUS Treasury Auction Calendar US$ Credit Supply Pipeline Fixed Income Technical Analysis EGB Issuance, Redemption and Cash Flow Matrix Gilt Week Ahead
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
Real-time insight of oil & gas markets
Reporting on key macro data at the time of release.LATEST FROM DATA:
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.Global Macro Central Bank PreviewsCentral Bank ReviewsBalance Sheet AnalysisInflation InsightGlobal IssuanceEurozoneUKUSOverviewGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction Calendar
- About Us
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 BRIEF: China May CPI Higher, PPI Dips
MNI: PBOC Yuan Parity Lower At 7.1115 Friday; -6.10% Y/Y
MNI China Press Digest Feb 10: Cars, Infrastructure, Spending
Highlights from Chinese press reports on Friday:
- Car sales in China will rebound in February following a drop in sales during January, as local governments and car companies increase purchase incentives and Lunar New Year festival disruptions subside, according to the Securities Daily. The paper said following the ending of central government subsidies on new energy vehicles at the start of this year, many local governments have stepped in with purchase incentives to stabilize market demand. Additionally, the car market in China has far from peaked, as a strong backlog of new drivers are set to enter the market. Citing experts, the paper said measures should be taken to accelerate the pace of car exports, and enhance the global competitiveness of China’s new energy vehicle industry.
- Next generation infrastructure projects such as 5G networks, smart-parks and green energy transformation will play an important role in stabilising the economy in 2023 and boosting high quality development, according to the Securities Daily. The paper quotes several local governments as prioritising support for next generation infrastructure, such as for land and financing. By 2025, investment in China's new infrastructure will reach CNY13.9 trillion, the paper said. Next generation infrastructure will also benefit from increased use of quasi-fiscal tools, the introduction of real-estate investment trust type financing models, and public-private partnerships.
- The recent boom in homeowners voluntarily increasing their mortgage repayments comes at the expense of boosting consumption in 2023, and this will continue for several months unless measures are taken to incentivise people to save less, according to an editorial by Yicai.com. The news outlet said the repayment issue could be solved by reducing legacy mortgage rates of 6-7% closer to recently available rates of around 4%. Macro-policies are needed to ensure strong economic growth for 2023, in order to boost consumer confidence and encourage expenditure over precautionary savings, the paper said.
To read the full story
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
Why Subscribe to
MNI is the leading providerof intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.
Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.