Pan Gongsheng Pan Gongsheng, governor of the People’s Bank of China, said that since 2024, China’s economy has
rebound amid fluctuations and is expect to achieve the expect growth target of around 5% for the
whole year. In the future , a more proactive gibraltar email list 149998 contact leads fiscal policy will be implement, the fiscal deficit ratio will
be increas, the intensity of fiscal spending will be increas, and the structure and direction of fiscal
spending will be adjust and optimiz. Implement a moderately loose monetary policy, comprehensively
use various monetary policy tools such as interest rates and reserve requirement ratios, and maintain ample liquidity and a loose social financing environment.
2. China’s exports in December increas by 10.7% yearonyear in US dollars, exceing expectations
In terms of US dollars, China’s exports in December were US$335.627 billion, up 10.7% yearonyear,
in line with expectations of 7.3% and the previous value of 6.70%; imports were US$230.789 billion,
up 1% yearonyear, in line with expectations of 1.5% and the previous value of 3.9%. China’s trade surplus in December was US$104.84 billion, compar with expectations of US$99.8 billion and the previous value of US$97.44 billion.
3. US interest rate futures pricing suggests the Feral Reserve may not cut interest rates this year
U.S. interest rate futures on Monday no longer you can buy an insurance policy on fully pric in even
one rate cut from the Feral Reserve this year, after strong monthly jobs data releas last Friday
highlight the resilience of the U.S. economy. A selloff in U.S. Treasuries this month amid expectations
of rising inflation and borrowing costs has push up 10year Treasury yields and reinforc investor belief that the Feral Reserve may have less room to cut interest rates than previously expect.
4. Six EU countries call for lowering G7 price cap on Russian oil
Six EU countries call on the European Commission trust review to lower the $60 a barrel price cap set by the Group of Seven for Russian oil, saying it would ruce Moscow’s revenue for military action in Ukraine without causing a market shock Pan Gongsheng.