China NBS Manufacturing PMI registered at 48.6, below expectations (49.4) in May

May 31, 2023

USD/CNY fix: 7.0821 vs. the last close of 7.0788

In recent trade today, the People’s Bank of China (PBOC) set the yuan at 7.0821 vs. the last close of 7.0788. About the fix China maintains strict con

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May 31, 2023

China Non-Manufacturing PMI came in at 54.5, above expectations (50.7) in May

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