Tianjin 1H GDP reached 913.78 billion yuan at constant prices, up 4.8% YoY. By sector, the primary sector added 8.487 billion yuan (+2.8% YoY), the secondary sector 288.727 billion yuan (+3.5% YoY) and the tertiary sector 616.565 billion yuan (+5.5% YoY). Consumer prices rose 0.9% YoY in 1H; category moves included food, tobacco & dining +0.2%, clothing +1.9%, housing -0.1%, household goods & services -0.1%, transport & communication +1.2%, education/culture/entertainment +1.9%, healthcare -0.2%

SAFE capital-account director Xiao Sheng said China’s external debt stock has remained around $2.3–2.5 tln over the past three years. At end‑Q1 2026, RMB‑denominated external debt accounted for 55% of the total, up 10 percentage points from end‑2022. The share of medium‑ and long‑term external debt is stable above 40%, and currency and maturity mismatch risks have fallen materially. At end‑2025, China’s liability ratio, debt ratio, debt‑service ratio and the ratio of short‑term external debt to FX reserves were 11.9%, 56.3%, 6.2% and 39.2% respectively, all well below international safety warning levels.

交易员称，印度央行可能正在抛售美元，以抑制卢比贬值。