China has been out for the Lunar New Year holiday from last week, markets reopen today.

We'll be getting a USD/CNY mid-rate setting from the People's Bank of China today after the long absence. CNY has not been trading although CNH has been.

And, as BTW, this via Goldman Sachs:

  • we expect 2021 real GDP growth of 8.0% yoy-just below consensus-based on our belief that a policy mix of smaller government fiscal deficits. slower credit growth, and relatively tight housing policies should limit the pace of growth