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China M2 Money Supply (YoY) registered at 9.2%, below expectations (9.5%) in February

China New Loans below forecasts (1485B) in February: Actual (1230B)

China New Loans below forecasts (1485B) in February: Actual (1230B)
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USD/CNY to move downward to 6.10 by end-2023 – Westpac

China’s renminbi has outperformed recently, USD/RMB having fallen from 6.37 at the end of January to 6.32 now. Economists at Westpac forecast the pair
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