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China's equity market is expected to improve in the second half of this year as investor sentiment is brightening in a largely stable macroeconomic environment, said analysts.
China's foreign exchange reserves moderately increased to .101 trillion at the end of May, the highest level in nine months. They were up by .1 billion or 0.2 percent from April, according to data from the country's top foreign exchange regulator on Monday.
China's economic fundamentals remain sound and there is no basis for long-term depreciation of the yuan. The RMB exchange rate is sure to gradually reach a new equilibrium after a fluctuation period, the report added.
China's embassy in the United Kingdom held a symposium on President Xi Jinping Thought on Diplomacy on Tuesday, with Ambassador Liu Xiaoming delivering a keynote speech entitled 'Learn the Oriental Wisdom and Understand the Future of China.'
China's household mortgage to overall loans ratio is about 15 percent, compared with about 40 percent in the US.
