Indian media reports that Beijing will lift restrictions on rare earth exports to India—Modi's visit to China is about to be officially announced. Modi's last visit to China was in 2018.
CITIC today calculated the "new social security regulations": it will bring an additional 870 billion yuan inflow to the national social security fund, and in a positive scenario, the new income will exceed 1.7 trillion yuan.
In July, new renminbi loans decreased by 50 billion yuan, marking the first contraction since July 2005 and the largest monthly decline since December 1999.
The top 50 A-shares by growth in the first half of 2015 - as of today, 7 have been delisted, and 3 are ST (special treatment) - with a failure rate of 20%.
Data from Chinese customs shows that past market concerns about core increments—Kazakhstan's Bakuta tungsten mine (controlled by a Chinese state-owned enterprise) has started production, exporting 866 tons to China in June. However, this has not hindered the strong tungsten prices after export controls; this week, the spot price of ammonium paratungstate (APT) for tungsten metal in Europe has first surpassed $500 per ton (equivalent to 320,000 RMB per ton)【domestic quote 288,000】, marking the highest price since 2013, with an increase of nearly 50% since the beginning of the year.