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China’s Policy Adviser sees a GDP growth rate of about 7.5% for 2021

The Chinese economy is likely to expand at about 7.5% in 2021 while seeing a double-digit GDP growth rate for the first quarter, Jiang Ying, a member of the 13th National Committee of the Chinese People's Political Consultative Conference, said on Tuesday.

While speaking about the economic and other issues, she said that China is expected to remain attractive to foreign investors.

Fitch: A more modest fiscal consolidation likely for China this year

In the view of the analysts at Fitch Ratings, China’s planned fiscal consolidation in 2021 is likely to be more modest than previously expected. Addit
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USD/CAD Price Analysis: Prints mild losses around 1.2650 on immediate support break

USD/CAD remains depressed near 1.2650, down 0.21% intraday, after breaking an upward sloping trend line from the last Thursday during early Tuesday’s
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