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PBOC deputy governor and spokesperson Zou Lan said at a State Council Information Office briefing on the 15th that in the first five months of this year the proportion of corporate foreign‑exchange hedging rose to 34.4%, up 4.5 percentage points vers

2026-07-15

PBOC deputy governor and spokesperson Zou Lan said at a State Council Information Office briefing on the 15th that in the first five months of this year the proportion of corporate foreign‑exchange hedging rose to 34.4%, up 4.5 percentage points versus 2025, and renminbi accounted for about 30% of cross‑border trade settlement.

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2026-07-14

Cuban state media reports the national power grid has collapsed.

Cuban state media reports the national power grid has collapsed.
2026-07-15

China's National Bureau of Statistics deputy director Mao Shengyong said at a State Council Information Office briefing that investment in emerging sectors sustained momentum in 1H, with notable increases in new energy, artificial intelligence and in

China's National Bureau of Statistics deputy director Mao Shengyong said at a State Council Information Office briefing that investment in emerging sectors sustained momentum in 1H, with notable increases in new energy, artificial intelligence and integrated circuits. New-type infrastructure spending is benefiting long-term growth: planning and construction of the “six networks” has accelerated, traditional and new infrastructure are proceeding in tandem, and investment in computing power networks and next‑generation communications has rose quickly, supporting digital transformation. Targeted spending to shore up livelihoods is focused on combining physical and human-capital investment and advancing agricultural and rural modernization. Mao said scope to expand effective investment remains wide: China’s per-capita capital stock is still well below developed markets, leaving room for investment—notably in traditional industry upgrading, emerging and future industries, elderly- and child-care services, primary healthcare, higher-quality education capacity and rural revitalization.
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