Briefly

PBOC adds liquidity via reverse repos

China's central bank conducted 461 billion yuan ($64.86 billion) of seven-day reverse repos at an interest rate of 1.8 percent on Friday. The move aims to keep liquidity stable at the end of the month, the People's Bank of China said in a statement.

Exports of 'stinky' snail noodles up

Exports of Luosifen, an iconic delicacy known for its pungent smell and long association with the city of Liuzhou, South China's Guangxi Zhuang autonomous region, soared in 2023, local Customs authorities said on Friday. Liuzhou exported more than 3,167 metric tons of Luosifen with a total value of 87.27 million yuan ($12.16 million) last year, up 19.4 percent and 28.5 percent year-on-year, respectively, according to Liuzhou Customs.

Xinhua - China Daily