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January 29th, Global Economic Highlights and Trends

May 29, 2024, 11:58 AM
TDD-global
5580
On January 29th, Bank of America reported significant inflows of $11.9 billion into Chinese equity funds, the largest since July 2015. Domestically, China's import and export balance of payments reached 4,339.1 billion yuan in December. Internationally, geopolitical tensions drove oil prices to their highest weekly gain since October, and Tesla lost over $200 billion in market value this month. The RMB will join Bangladesh's real-time payment system from February 4.