What's really going on with China's economy?

After 398 past bullish macro events, Chinese Yuan (CNY per USD) moved a median +0.0% over 5 sessions (56% higher; middle half -0.3% to +0.5%), and +0.0% over 20.

• Apr 29, 2022Renminbi on course for steepest monthly fall as China’s economy slows+0.4%
• Dec 29, 2016What Is China Trying to Do With Its Currency? - WSJ-1.0%
• Dec 6, 2022Will the Chinese yuan fall with the economy? | IG Bank Switzerland+0.2%
• Sep 21, 2017Across The Border | Why Beijing’s tight grip on the economy is bad news for the yuan | South China Morning Post+1.1%
• Jun 10, 2022China's renminbi will likely remain weak for the rest of 2022 | Oxford Economics+0.2%

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Dec 15, 2022U.S. soybean futures fall; corn, wheat firm with focus on economy | Reuters+0.4%
• Dec 29, 2016What Is China Trying to Do With Its Currency? - WSJ-1.0%
• Jul 15, 2022What the dollar's surge means for the economy-0.9%
• Jun 30, 2016China's yuan sees biggest quarterly fall on record+0.6%
• May 11, 2023Oil falls 2% on weak US and Chinese economic data | Reuters+0.9%