MNI BRIEF: China Crude Steel Output Down Over Jan Feb

MNI: PBOC Net Injects CNY235.6 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1733 Tues; -0.54% Y/Y

MNI WATCH: BCB To Hike 100BP As Signaled, Eyes On May Guidance

MNI BRIEF: China To Release Childcare Subsidies, Boost Income

MNI BRIEF: PBOC Mulls New Tools Targeting Consumption

EZ/UK Bond Supply Calendar: UK, Finland Due Tuesday

EZ/UK T-Bill Calendar: 6-Month ESM-Bill Auction on Tuesday

MNI: US JAN BUSINESS INVENTORIES +0.3%; SALES -0.8%

GERMANY: Handelsblatt Report on Lingering Uncertainties Ahead of Bundestag

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI China Press Digest March 18:Inflows, Consumption, Industry

MNI picks keys stories from today's China press
Central Bank NewsPolicy NewsPBOCHomepageAPACChinaEM Policy NewsChinaEM Central Bank NewsPeoples Bank of ChinaPolicy StoryStoryRegion
MNI (BEIJING)

Highlights from Chinese press reports on Tuesday:

  • China saw net inflows of cross-border funds in February, with a surplus of enterprises and individual payments totalling USD29 billion, said Li Bin, deputy director at the State Administration of Foreign Exchange. Foreign investors increased their net holdings of domestic bonds and stocks by USD12.7 billion, amid the country’s economic recovery and technological development. Goods trade saw net inflows reach USD64.8 billion, a relatively high level for the month historically. (Source: China Securities Journal)
  • Beijing’s CNY300 billion special treasury funds for consumer goods trade-ins are expected to drive a net increase of CNY700-800 billion in consumption and quicken spending on goods by 1.5-1.6 percentage points, said Wang Qing, chief macro analyst at Golden Credit Rating. Government childcare subsidies could reach CNY100 billion, Wang estimated, based on a CNY10,000 subsidy for 10 million newborns, though policies may vary across local governments. (Source: 21st Century Business Herald)
  • China’s added value of industrial enterprises increased by 5.9% year-on-year during January and February, slower than December’s 6.2%, due to factors including reduced working days and the imposition of tariffs, according to experts interviewed by Yicai. Looking ahead, Wang Qing, chief macro analyst at Orient Securities, said the growth rate of industrial added value was expected to ease to around 5.5% in March as trade tariffs and a high base level take effect. A recovery in domestic demand and the development of new productive forces can offset an expected slowdown in exports this year, Wang added.
246 words

To read the full story

Close

Why MNI

MNI is the leading provider

of 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.
MNI (BEIJING)

Highlights from Chinese press reports on Tuesday:

  • China saw net inflows of cross-border funds in February, with a surplus of enterprises and individual payments totalling USD29 billion, said Li Bin, deputy director at the State Administration of Foreign Exchange. Foreign investors increased their net holdings of domestic bonds and stocks by USD12.7 billion, amid the country’s economic recovery and technological development. Goods trade saw net inflows reach USD64.8 billion, a relatively high level for the month historically. (Source: China Securities Journal)
  • Beijing’s CNY300 billion special treasury funds for consumer goods trade-ins are expected to drive a net increase of CNY700-800 billion in consumption and quicken spending on goods by 1.5-1.6 percentage points, said Wang Qing, chief macro analyst at Golden Credit Rating. Government childcare subsidies could reach CNY100 billion, Wang estimated, based on a CNY10,000 subsidy for 10 million newborns, though policies may vary across local governments. (Source: 21st Century Business Herald)
  • China’s added value of industrial enterprises increased by 5.9% year-on-year during January and February, slower than December’s 6.2%, due to factors including reduced working days and the imposition of tariffs, according to experts interviewed by Yicai. Looking ahead, Wang Qing, chief macro analyst at Orient Securities, said the growth rate of industrial added value was expected to ease to around 5.5% in March as trade tariffs and a high base level take effect. A recovery in domestic demand and the development of new productive forces can offset an expected slowdown in exports this year, Wang added.