CHINA PRESS: Germany Welcomes Chinese Auto Investment
Apr-30 01:23
Germany welcomes investment by Chinese carmakers and will support joint development of the auto industry, Hildegard Müller, president of the German Automotive Industry Association, told Chinese Commerce Minister Wang Wentao at a recent meeting. Müller said the sector should uphold globalization and expressed hope for progress in EU-China talks on electric vehicle tariffs, Yicai reported.
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MNI: CHINA PBOC CONDUCTS CNY166.7 BLN VIA 7-DAY REVERSE REPO MON
Mar-31 01:21
- CHINA PBOC CONDUCTS CNY166.7 BLN VIA 7-DAY REVERSE REPO MON
CNH: USD/CNY Fixing Edges Up, USD/CNH Little Impacted
Mar-31 01:18
The USD/CNH fix printed at 7.1782, versus a BBG market consensus of 7.2644.
- The fix was set higher than Friday's outcome (7.1752). It remains within recent ranges though (March 25 recorded a 7.1788 fixing).
- The fixing error was little changed at -862pips.
- USD/CNH has drifted lower in the first part of Monday dealings, the pair last near 7.2630/35. Broader USD indices are weaker, led by yen gains, as markets see risk off amid US tariff/growth fears.
CHINA SETS YUAN CENTRAL PARITY AT 7.1782 MON VS 7.1752
Mar-31 01:16
- CHINA SETS YUAN CENTRAL PARITY AT 7.1782 MON VS 7.1752
