中国保持贷款最优惠利率稳定，因为信贷需求疲软限制了宽松政策的实施。6月，中国连续13个月保持基准贷款利率不变，强化了人们对政策制定者尚未准备好实施新一轮货币宽松政策的预期。一年期贷款最优惠利率（LPR）保持在3.00%，而抵押贷款的参考利率五年期LPR保持在3.50%。

China Holds Loan Prime Rates Steady as Weak Credit Demand Limits Case for Easing.China kept its benchmark lending rates unchanged for a 13th consecutive month in June, reinforcing expectations that policymakers are not yet prepared to deliver another round of monetary easing. The one-year loan prime rate (LPR) was held at 3.00%, while the five-year LPR, the reference rate for mortgages, remained at 3.50%.

中国财政部表示将对46家美国政府采购公司采取措施。中国财政部表示将对46家美国政府采购公司采取措施

China Finance Ministry says to impose measures on 46 US firms in government procurement.China Finance Ministry says to impose measures on 46 US firms in government procurement

中国取消非洲关税，贸易激增刺激人民币采用。中国与非洲贸易的激增和非洲大陆大多数国家关税的取消似乎将促进人民币的使用，从而有助于​北京试图建立西方金融的替代品。

China's African tariff removals, trade surge spur yuan adoption.Surging Chinese trade with Africa and lifting of tariffs for most countries on the continent look set to boost yuan use, aiding ​Beijing's bid to build alternatives to Western finance.

中国推出第三批以旧换新基金，疲软的零售数据继续给经济刺激带来压力。在本周早些时候公布疲软的零售销售数据（5月份零售销售下降0.6%，这是疫情以来的首次下降）之后，第三批计划的宣布时间表明，北京准备将以旧换新计划作为需求底线，而不是像最初建议的那样逐步结束。8200亿元的带动销售是一个有意义的标题，但潜在的零售趋势仍然疲软，连续几期的边际影响可能正在减弱。

China rolls out third trade-in fund tranche as weak retail data keeps stimulus pressure on.The timing of the third tranche announcement, following weak retail sales data earlier this week (May retail sales falling 0.6%, the first decline since the pandemic), signals Beijing is prepared to sustain the trade-in program as a demand floor rather than wind it down as initially suggested. The 820 billion yuan in driven sales is a meaningful headline but the underlying retail trend remains soft, and the marginal impact of successive tranches is likely diminishing.