The RMB has strengthened further against the USD, with the PBOC setting the fixing rate below 7.00 for the first time since mid-2023.
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Academic societies and industry associations were added as a key focus of the campaign, and the CCDI vowed to crack down on extravagant lifestyles.
Exports and industrial activity were solid in December, while retail sales, real estate, and investment were all weak.
Two Chinese LLM startups were listed in Hong Kong last week and saw their share prices surge significantly.
The text of the deal reached in Busan has still not been released, and purchase commitments do not seem to be following the original timeline.
Mainland authorities are tackling virtual currency-related activities again with a new campaign.
This year’s Central Economic Work Conference struck a notably more relaxed tone on growth.