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07.05.26 - 11:24
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Accor CEO: China Posts 25% Growth in Inbound Bookings (Bloomberg)
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Kent Zhu, CEO at Accor Greater China, says China hotels recorded robust performance during the Labor Day Holiday. He also tells "Bloomberg: The China Show" that the hotel group plans to "go further west" in China as it expands in the country. (Source: Bloomberg)...
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07.05.26 - 10:48
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China: Moderate Inflation trotz Energiepreisschock (Anleihencheck)
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Linz (www.anleihencheck.de) - Der Preisdruck in China bleibt trotz steigender Energiepreise vergleichsweise moderat, so Oberbank in ihrem aktuellen Tageskommentar zu den internationalen Finanzmärkten.
Im internationalen Vergleich zeige sich, dass die Folgen geopolitischer Spannungen, etwa im Zusammenhang mit dem Iran, die Inflation weniger stark belasten würden als in vielen Industrieländern. [mehr]...
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07.05.26 - 10:24
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China′s exporters face test as yuan hits 3-year high against US dollar (SCMP)
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China's central bank has set the yuan's exchange rate at its strongest level against the US dollar in more than three years, as Beijing pushes to internationalise its currency and global confidence in US dollar assets continues to waver.
The People's Bank of China set the yuan's midpoint rate at 6.8487 per US dollar on Thursday, the strongest level since April 2023. The fixing rate, used as a reference for daily market trading, was 6.8562 a day earlier.
Analysts expect the Chinese currency to......
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