离岸人民币兑美元贬值至7.23左右,继5月16日达到两周高点后,交易员对中国喜忧参半的经济数据做出反应。最新数据显示,4月份工业生产增长超过预期,而零售额增长低于预期。尽管旨在提高产量的政府刺激措施已显示出有效性,但针对消费者支出的举措,如家电以旧换新计划和税收减免措施,却落后了。更令人担忧的是,数据显示1-4月房地产投资进一步下降,引发了人们对中国房地产救援计划有效性的担忧。与此同时,中国财政部于周五进行了第一批特别国债的拍卖,标志着人们期待已久的刺激计划的启动。
The offshore yuan depreciated to around 7.23 per dollar, following a recent peak to two-week highs on May 16th, as traders responded to mixed economic data from China. The latest figures revealed that industrial production in April grew more than anticipated, while retail sales rose less-than-expected. While government stimulus aimed at boosting production has shown effectiveness, initiatives targeting consumer spending, such as appliance trade-in programs and tax relief measures, are lagging behind. Adding to the worries, data indicated a further decline in real estate investment for the period of January to April, raising concerns about the effectiveness of China's property rescue plan. Meanwhile, China's finance ministry conducted the auction for the first batch of its special treasury bonds on Friday, marking the initiation of a long-awaited stimulus program.