# China's economy shows signs of stabilising but property slump threatens outlook | Reuters

> China's economy shows signs of stabilising, though a property slump threatens the outlook. The yuan touched two-week highs against the dollar and Chinese and Hong Kong stock indexes edged higher in early trade.

- Date: 2023-09-15 · published 2023-09-15T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/34333-china-s-economy-shows-signs-of-stabilising-but-property-slump-threatens-outlook
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Signs of economic stabilisation in China could support steadier demand for imported feed ingredients, though the property weakness remains a drag on the outlook.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2021-10-19 | [China's yuan jumps to 4-month high as property concerns ebb \| Reuters](https://feedsoft.ai/events/7481-china-s-yuan-jumps-to-4-month-high-as-property-concerns-ebb-reuters.md) | -0.7% | -0.6% |
| USDCNY | 2024-02-20 | [China slashes mortgage reference rates to revive property market \| Reuters](https://feedsoft.ai/events/31896-china-slashes-mortgage-reference-rates-to-revive-property-market-reuters.md) | +0.1% | +0.1% |
| USDCNY | 2019-04-04 | [U.S.-China trade optimism to help yuan overcome concerns over weakening economy: Reuters poll](https://feedsoft.ai/events/59803-u-s-china-trade-optimism-to-help-yuan-overcome-concerns-over-weakening-economy.md) | +0.1% | +0.3% |
| USDCNY | 2018-08-24 | [What's really going on with China's economy?](https://feedsoft.ai/events/10041-what-s-really-going-on-with-china-s-economy.md) | -0.5% | -0.3% |
| USDCNY | 2022-12-06 | [China's yuan slips, traders wary of reopening risks \| Reuters](https://feedsoft.ai/events/6574-china-s-yuan-slips-traders-wary-of-reopening-risks-reuters.md) | +0.2% | -1.1% |

## Sources

- reuters.com: https://www.reuters.com/markets/asia/china-factory-output-retail-sales-beat-forecasts-boost-recovery-prospects-2023-09-15/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.