Briefly

E-commerce logistics index up in November

China's e-commerce logistics index hit a seven-year high in November, according to the results of a survey released by the China Logistics and Purchasing Federation and e-commerce company JD. The e-commerce logistics index, an indicator of logistics operations, came in at 115.5 points last month, up 0.5 points month-on-month.

Yuan weakens against greenback

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 22 pips to 7.1870 against the US dollar on Monday, said the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

Xinhua - China Daily