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Database : China
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Database: China
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• The U.S. government has eased export controls to allow Nvidia to sell its advanced H200 artificial intelligence chips to China under a new regulatory framework, reversing earlier tighter restrictions. This marks a notable shift in U.S. technology export policy.
Conditions and Controls
•...
Key Trade Data for December 2025 • Exports surged by 6.6 % year‑on‑year in December, outperforming expectations and continuing robust outward shipments.
• Imports also rose, climbing 5.7 % year‑on‑year, indicating broader trade activity beyond just export strength.
• The monthly trade surplus...
Price Action
NZD/USD remains under selling pressure and is trading below the 0.5750 level, extending losses for the second consecutive day as the New Zealand dollar weakens. The pair hovered near around 0.5730 during the Asian session amid cautious sentiment.
Key Factors Weighing on NZD/USD...
Full‑Year Trade Figures • China’s total foreign trade in goods expanded about 3.8 % year‑on‑year in 2025, reaching approximately 45.47 trillion yuan (about $6.48 trillion), according to official customs figures.
• Exports grew by around 6.1 % compared with the previous year, rising to nearly...
Price Action
AUD/USD is trading below the key 0.6700 level, reflecting caution ahead of China’s trade figures. The pair has struggled to break above resistance as the U.S. dollar remains firm, offsetting softer U.S. inflation signals.
Key Influences on the Pair
China’s Trade Balance data —...
Major Trade Outcome
China ended 2025 with a historic trade surplus of nearly $1.2 trillion, far exceeding previous records and beating forecasts despite global trade tensions and renewed U.S. tariffs. This surplus was driven by robust export growth and improved imports, underscoring China’s...
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Database: China
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China’s consumer inflation edged higher in December but missed expectations.
Official figures show China’s Consumer Price Index (CPI) rose 0.8% year‑on‑year in December 2025, up from 0.7% in November and marking the fastest pace since early 2023, but it came in below the 0.9% analysts had...
China’s consumer inflation accelerated in December 2025, reaching its fastest pace in nearly three years, yet producer prices stayed in deflation, underscoring persistent slack in the economy.
Official data showed that the Consumer Price Index (CPI) rose 0.8% year‑on‑year in December — the...
China imposes export curbs targeting rare earths and dual‑use goods to Japan
China has begun restricting exports of rare earth elements and related high‑performance magnets to Japanese companies, following its broader ban on so‑called dual‑use exports—items with both civilian and potential...
Australian Dollar steadies as China inflation misses expectations and market focus shifts to broader drivers
The Australian Dollar has been relatively stable against the U.S. Dollar, trading with limited direction after China’s December inflation figures came in below forecasts. China’s Consumer...
China narrowly avoided deflation in 2025, but price pressures remain weak and further easing is likely. China’s official consumer price index (CPI) for December 2025 showed inflation rising by 0.8% year‑on‑year, the highest in roughly 34 months, lifting the full‑year CPI to 0.0% and thus...
Who the suspect is and what happened
• Chen Zhi, a 38‑year‑old businessman and founder of Prince Group, has been arrested in Cambodia and deported to China at the request of Beijing after his Cambodian citizenship was revoked. He was wanted in connection with one of the largest crypto fraud...
Key Points
Allegation
The U.S. government has accused China of hacking emails belonging to U.S. congressional staff.
The cyber campaign is reportedly called “Salt Typhoon”, targeting sensitive political communications.
Targets & Tactics
Focused on congressional staff email accounts, likely...
1. Japan – Manufacturing & Services PMI (Final December 2025)
Release: Final manufacturing PMI for December 2025
Previous readings:
Preliminary Manufacturing PMI: 49.7
November Manufacturing PMI: 48.7
Final Reading: 50.5 (expansion)
Significance:
Confirms modest expansion in Japan’s...
1. Key Data
December 2025 RatingDog Services PMI: 52.0
Market expectation: 52.6
Previous (November 2025): 52.1
Interpretation:
Above 50 = expansion, below 50 = contraction.
52.0 indicates slower services growth than expected, though the sector continues to expand.
2. What the Data Suggests...
1. Key Data
December 2025 Services PMI (Rating Dog): 52.0
Market expectation: 52.6
Previous reading (November 2025): 52.1
Interpretation: Any reading above 50 indicates expansion, but the decline to 52.0 signals a slower pace of growth.
2. What the Data Suggests
Slowing Services Growth
The...
1. Key Announcement
Nomura has warned that China’s electric vehicle (EV) demand may weaken due to the government tightening subsidy policies.
Subsidies, which have historically supported both domestic EV sales and EV manufacturing, are being scaled back gradually as part of China’s policy shift...
What Happened:
China’s top economic planner, the National Development and Reform Commission (NDRC), has approved an early batch of infrastructure projects for 2026 totaling about 295 billion yuan (around US$42 billion). These approvals come ahead of the usual schedule, meaning investment funds...
Asia-Pacific Economic Calendar – Wednesday, December 31, 2025
China:
Official Manufacturing PMI (December 2025):
Actual: 50.1
Expected: 49.2
Previous: 49.9
Significance: Shows a return to expansion in Chinese manufacturing, indicating increased production and orders. Markets may respond...