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China’s Industrial Capacity Utilisation Rate Fell to a Record Low
In Q1 2020, China’s industrial capacity utilisation rate decreased to 67%
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China Lowered the Bad-Loan Coverage Ratio for Medium and Small Banks
China’s State Council lowered the provision coverage ratio for medium and small commercial banks by 20pp
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FDI in Brazil Continue to Increase in March 2020
Brazil’s FDIs have been on an upward path since the beginning of the year
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Brazil’s Current Account Posts Surplus for the First Time in 2020
Brazil’s current account posted a USD 868bn surplus, compared to a deficit of USD 2.7bn in March 2019
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Economic Activity in the Euro Area Continues to Deteriorate
The Composite PMI plunged to 13.5 compared to 31.4 in March 2020
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China’s Trade Remains on a Downward Path in March 2020
China’s exports and imports remained on a downward path, dropping by 6.6% y/y and 0.9% y/y, respectively
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PBoC Cut the Rate on 1-Year Medium-Term Lending Facility
the People’s Bank of China (PBoC) cut the interest rate on its 1-year medium-term lending facility (MLF) to 2.95%
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The Philippines Narrowed its Trade Deficit in February 2020
The Philippines narrowed its trade deficit substantially to USD 1.7bn in February 2020
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Brazil’s Economic Activity was on an Upward Path In February 2020
The Brazilian Central Bank’s economic activity index climbed 0.35% m/m in February