China-Hong Kong Data Mismatch Narrows: Chart of the Day

The mismatch between bilateral trade data reported by Hong Kong (HKETBOT) and China has narrowed in the last year, signaling that efforts to stop fake invoices worked and China’s April exports may have risen more than figures showed.

China’s Leaders to Start Reform Summit With Recovery

China’s Communist Party leaders will enter a policy-making summit this week with the economy on an upswing, services and manufacturing surveys show.