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Yemen representative said the Yemeni government has borne huge economic and humanitarian costs to secure peace.

2026-10-09

Yemen representative said the Yemeni government has borne huge economic and humanitarian costs to secure peace.

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2026-10-09

Guan Tao, chief economist at Huafu Securities, said on Oct. 9 that since the RMB hit a trough vs the dollar in mid-April last year it has strengthened to about 6.70 per USD, a cumulative appreciation of roughly 10% from the low. He attributed the mov

Guan Tao, chief economist at Huafu Securities, said on Oct. 9 that since the RMB hit a trough vs the dollar in mid-April last year it has strengthened to about 6.70 per USD, a cumulative appreciation of roughly 10% from the low. He attributed the move to firm exports, trade-surplus-driven FX supply and stronger market confidence as the economy shifts toward higher-quality growth. The yuan has been appreciated in both bilateral and effective terms: BIS nominal and real Effective exchange rates rose 4.7% and 7.4% from May last year to Aug this year. China’s export price index averaged 105.32 in the first eight months of the year, implying average YoY export price gains above 5%, which increases the price contribution to export growth and further confirms that recent trade gains reflect improved industrial international competitiveness.
2026-10-09

China's Ministry of Finance said in its 1H 2026 fiscal policy implementation report it will prioritize tech-innovation supply and industry demand, using special funds and government investment funds to upgrade traditional industries and scale emergin

China's Ministry of Finance said in its 1H 2026 fiscal policy implementation report it will prioritize tech-innovation supply and industry demand, using special funds and government investment funds to upgrade traditional industries and scale emerging and future industries. The ministry pledged fiscal support to expand and upgrade capacity in both producer and consumer services, improve the efficiency of tech-innovation spending, and step up support for key strategic sectors.
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