欧元/人民币 (EURCNY) 加自选

中国打击“零里程”汽车出口，这些出口曾被用来夸大销售额和享受税收优惠。中国出台了新规定，限制“零里程”汽车的出口，即注册为二手车的全新汽车，以阻止汽车制造商夸大销售额，并声称与夸大的出口量相关的税收优惠。随着中国成为世界上最大的汽车出口国，国内制造商正在努力应对国内激烈的竞争和过剩的库存，这种做法引起了人们的关注。

China cracks down on “zero-mileage” auto exports used to inflate sales and claim tax perks.China has introduced new rules to curb the export of “zero-mileage” vehicles — brand-new cars registered as used — in a bid to stop automakers overstating sales and claiming tax benefits tied to inflated export volumes. The practice has drawn scrutiny as China becomes the world's largest car exporter, with domestic manufacturers grappling with intense competition and excess inventory at home.

野村证券警告称，随着增长趋势减弱，中国出口放缓暴露出更深层次的结构性压力。野村证券在最近的一个投资论坛上警告称，随着出口势头的减弱暴露出经济中更深层次的结构性弱点，中国的增长前景正在恶化。该行首席中国经济学家表示，长期房地产低迷、消费支出疲软和固定资产投资萎缩的结合，使经济越来越依赖政策支持。

Nomura warn China export slowdown exposes deeper structural strains as growth trends weakn.China's growth outlook is deteriorating as fading export momentum exposes deeper structural weaknesses in the economy, Nomura warned at a recent investment forum. The bank's chief China economist said the combination of a prolonged property downturn, soft consumer spending and shrinking fixed-asset investment leaves the economy increasingly reliant on policy support.

美国Treas Sec Bessent使用了关于中国协议的四个字母的单词-“希望”。我们都知道现在这是一场小丑秀。如果一切崩溃，投资者的希望是美联储的某种看跌期权。

US Treas Sec Bessent uses the four-letter word on China agreement - 'hope'.We all know it's a clown show right now. The hope for investors is some sort of Fed put if it all falls apart.

中国10月数据暴跌：混合经济信号对刺激意味着什么。在北京的经济赌场里，10月份的情况很不明朗：零售额创下2.9%的新高，而工厂则跌至4.9%，投资暴跌1.7%。刺激奖金即将到来？

China's October Data Dump: What Mixed Economic Signals Mean for Stimulus.In Beijing's economic casino, October's cards are wild: retail sales flirt with 2.9% highs, while factories sputter at 4.9% and investments crater 1.7%. Stimulus jackpot incoming?