JPMorgan Econ FI-China Gauging exporters’ “USD hoarding” FX reserves rose $3...-110239556
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- 《JPMorgan Econ FI-China Gauging exporters’ “USD hoarding” FX reserves rose $3...-110239556.pdf》
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- 战略规划行业研究员
- 📊 核心数据
- for exports to gain a modest 1.6%m/m sa after July’s 4% drop, along with a 1.5%
- to 7.09, with CNY appreciation of 2.1%. There have been rising market concerns
- 10%. This has added fuel to market discussions around the scale of Chinese
- elevated at -14.2%pts in July. It paints a similar picture if we also cover services
- FX sales ratio spiked to 69.7%, the highest since 2015-2016, while FX settlement
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