
China’s Forex Reserves Slip Amid Global Market Shifts
China’s forex reserves declined by $44.8 billion in April due to a stronger U.S. dollar, but SAFE remains optimistic about economic resilience.
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China’s forex reserves declined by $44.8 billion in April due to a stronger U.S. dollar, but SAFE remains optimistic about economic resilience.
The U.S. House of Representatives has passed a $1.2 trillion funding bill, averting a partial government shutdown and ensuring the continued operation of federal services.
China’s 2024 macro-economic policy emphasizes stability, with social consumption up 5.5% despite a significant slump in new home sales.
China aims for a steady 5% economic growth in 2024, focusing on consumption, employment, and fiscal support to navigate challenges and foster stability.
China’s Central Financial Work Conference addresses mounting real estate risks, aiming to safeguard economic stability amidst a challenging market landscape.