中国着眼于2026年接近5%的务实增长目标（而在岸人民币飙升！）。根据中央经济工作会议后的评论和分析师评估，中国可能会为2026年设定一个务实而灵活的GDP增长目标，政策制定者寻求在稳定目标与日益增长的外部和国内压力之间取得平衡。

China eyes pragmatic 2026 growth target near 5% (while onshore yuan surges higher!).China is likely to set a pragmatic and flexible GDP growth target for 2026, with policymakers seeking to balance stabilisation objectives against mounting external and domestic pressures, according to commentary and analyst assessments following the Central Economic Work Conference.

美元疲软，人民币汇率创14个月新高。受季节性企业需求和美元走软的提振，人民币兑美元汇率创下14个月新高。尽管经济放缓令人担忧，但出口商的外汇兑换正在支撑人民币。

China's yuan hits fresh 14-month high on dollar weakness.China's yuan hit a 14-month peak against the dollar, buoyed by seasonal corporate demand and a weaker U.S. currency. Despite economic slowdown concerns, exporters' foreign exchange conversions are supporting the yuan.

消费和投资进一步走弱，中国数据令人失望。中国11月的经济活动数据显示，经济形势普遍弱于预期。工业生产同比增长4.8%，低于5.0%的增长预期，为2024年8月以来的最低增速。

China data disappoints as consumption and investment weaken further.China's November activity data delivered a broadly weaker-than-expected picture. Industrial production rose 4.8% yoy, missing expectations for 5.0% growth and marking the weakest pace since August 2024.

欧洲-中国的房地产问题恶化了年终情绪。Gregor Stuart Hunter展望欧洲和全球市场的未来

EUROPE China's property pain sours year-end mood.A look at the day ahead in European and global markets from Gregor Stuart Hunter