CNY News

China's industrial production growth slowed unexpectedly and property market saw subdued investment growth in October, while retail sales rose more than expected, providing a mixed picture of the economy. Industrial production climbed 5.6 percent on a yearly basis in October after increasing 5.7 percent in September, the National Bureau of Statistics reported Wednesday.

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Home prices in majority of the Chinese cities decreased in October, figures from the National Bureau of Statistics showed Wednesday.

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The leading index for China, which measures the future economic activity, increased at a slower pace in October, the results of survey by the Conference Board showed Friday.

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Chinese exports declined at a faster-than-expected pace in November, official data showed Tuesday.

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Home prices in majority of the Chinese cities increased in November, figures from the National Bureau of Statistics showed Friday.

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China's central bank injected about $20 billion into the money market on Tuesday, in a bid to support the stock market which crashed a day earlier.

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China's foreign exchange reserves fell more-than-expected in December, marking a record monthly decline, as the central bank tried to stabilize the yuan or renminbi. Foreign exchange reserves decreased by about $108 billion to $3.33 trillion in December, the People's Bank of China said Thursday. China has the largest foreign exchange reserves in the world.

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China's consumer price inflation increased marginally in December on rise in food prices but it still remained well below the government's target. At the same time, producer prices continued its deep downward trend, giving space for monetary policy adjustment. Inflation edged up to 1.6 percent as expected from 1.5 percent in November, the National Bureau of Statistics revealed over the weekend.

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Chinese authorities adopted more measures to boost investor confidence that saw markets close higher on Tuesday, though they remained highly volatile. The People's Bank of China reportedly intervened in the currency market aggressively, leading the rates of the onshore yuan and the Hong Kong-based offshore yuan, known as the CNH, to hit parity.

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The Chinese economy grew at the slowest pace in two-and-a-half decades during 2015 amid a manufacturing slump and equity market slowdown, official data to be released on Tuesday may reveal. Gross domestic product likely grew 6.9 percent in 2015, just short of the government's 7 percent target. That would be slower than the 7.3 percent expansion in the previous year.

China's stock markets have been largely declining since the start of the year on the back of the depreciation pressure on the renminbi or yuan.

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