PBoC Raises Foreign Exchange Requirements;China Boosts Industrial 5G;China-EU Ministers Meet in Guizhou; China Eyes CPTTP as UK Starts Admission Talks; China's New Bond Sales Route; Unicorns.

Intelligence and Insights on China's government actions, foreign policy, economy, and the capital markets.

Today, we bring you a wave of financial market operations to maintain exchange rate stability and deepen the capital market. As seen from statistics revealed in the macro section yesterday, China’s real estate market valuation compared to the stock and bond market valuation is severely distorted, leading to an inevitable normalization process signified …

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