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China economic evidence · warming_up · as known 24 Aug 2026 · 10:34 UTC

The economic pulse abstains—and shows you exactly why.

Palimpsest abstains from a broad state-of-economy direction: current public coverage is uneven and no validated composite model has crossed the gate.

Readiness, not rhetoric

Composite gates

Coverage and revision history do not yet support a broad state-of-economy composite.

Activity

Current activity coverage is a narrow state-release comparison, not a representative private-firm panel or a GDP substitute.

No current metric

Not collected is not zero. The source backlog remains visible in the coverage matrix.

Money, credit & FX

Daily rates and exchange references describe funding and policy pricing; they do not measure the whole real economy.

official · current

FDR001 depository-institution repo fixing

1.44 %

Period
2026-08-21 → 2026-08-21
Released
23 Aug 2026 · 01:47 UTC
Collected
23 Aug 2026 · 01:47 UTC
Source group
cfets_benchmarks
Comparability
Published percent rate; tenor and secured/unsecured family remain distinct.
Revision
original

The CFETS response supplies a data date but no release timestamp; the ledger conservatively records first observation as the release upper bound.

Open evidence receipt

official · current

FDR007 depository-institution repo fixing

1.43 %

Period
2026-08-21 → 2026-08-21
Released
23 Aug 2026 · 01:47 UTC
Collected
23 Aug 2026 · 01:47 UTC
Source group
cfets_benchmarks
Comparability
Published percent rate; tenor and secured/unsecured family remain distinct.
Revision
original

The CFETS response supplies a data date but no release timestamp; the ledger conservatively records first observation as the release upper bound.

Open evidence receipt

official · current

FDR014 depository-institution repo fixing

1.4 %

Period
2026-08-21 → 2026-08-21
Released
23 Aug 2026 · 01:47 UTC
Collected
23 Aug 2026 · 01:47 UTC
Source group
cfets_benchmarks
Comparability
Published percent rate; tenor and secured/unsecured family remain distinct.
Revision
original

The CFETS response supplies a data date but no release timestamp; the ledger conservatively records first observation as the release upper bound.

Open evidence receipt

official · current

FR001 repo fixing

1.47 %

Period
2026-08-21 → 2026-08-21
Released
23 Aug 2026 · 01:47 UTC
Collected
23 Aug 2026 · 01:47 UTC
Source group
cfets_benchmarks
Comparability
Published percent rate; tenor and secured/unsecured family remain distinct.
Revision
original

The CFETS response supplies a data date but no release timestamp; the ledger conservatively records first observation as the release upper bound.

Open evidence receipt

official · current

FR007 repo fixing

1.45 %

Period
2026-08-21 → 2026-08-21
Released
23 Aug 2026 · 01:47 UTC
Collected
23 Aug 2026 · 01:47 UTC
Source group
cfets_benchmarks
Comparability
Published percent rate; tenor and secured/unsecured family remain distinct.
Revision
original

The CFETS response supplies a data date but no release timestamp; the ledger conservatively records first observation as the release upper bound.

Open evidence receipt

official · current

FR014 repo fixing

1.45 %

Period
2026-08-21 → 2026-08-21
Released
23 Aug 2026 · 01:47 UTC
Collected
23 Aug 2026 · 01:47 UTC
Source group
cfets_benchmarks
Comparability
Published percent rate; tenor and secured/unsecured family remain distinct.
Revision
original

The CFETS response supplies a data date but no release timestamp; the ledger conservatively records first observation as the release upper bound.

Open evidence receipt

official · current

One-month SHIBOR

1.4173 %

Period
2026-08-21 → 2026-08-21
Released
23 Aug 2026 · 01:47 UTC
Collected
23 Aug 2026 · 01:47 UTC
Source group
cfets_benchmarks
Comparability
Published percent rate; tenor and secured/unsecured family remain distinct.
Revision
original

The CFETS response supplies a data date but no release timestamp; the ledger conservatively records first observation as the release upper bound.

Open evidence receipt

official · current

One-week SHIBOR

1.4256 %

Period
2026-08-21 → 2026-08-21
Released
23 Aug 2026 · 01:47 UTC
Collected
23 Aug 2026 · 01:47 UTC
Source group
cfets_benchmarks
Comparability
Published percent rate; tenor and secured/unsecured family remain distinct.
Revision
original

The CFETS response supplies a data date but no release timestamp; the ledger conservatively records first observation as the release upper bound.

Open evidence receipt

official · current

One-year SHIBOR

1.48 %

Period
2026-08-21 → 2026-08-21
Released
23 Aug 2026 · 01:47 UTC
Collected
23 Aug 2026 · 01:47 UTC
Source group
cfets_benchmarks
Comparability
Published percent rate; tenor and secured/unsecured family remain distinct.
Revision
original

The CFETS response supplies a data date but no release timestamp; the ledger conservatively records first observation as the release upper bound.

Open evidence receipt

official · current

Two-week SHIBOR

1.42 %

Period
2026-08-21 → 2026-08-21
Released
23 Aug 2026 · 01:47 UTC
Collected
23 Aug 2026 · 01:47 UTC
Source group
cfets_benchmarks
Comparability
Published percent rate; tenor and secured/unsecured family remain distinct.
Revision
original

The CFETS response supplies a data date but no release timestamp; the ledger conservatively records first observation as the release upper bound.

Open evidence receipt

official · current

Three-month SHIBOR

1.43 %

Period
2026-08-21 → 2026-08-21
Released
23 Aug 2026 · 01:47 UTC
Collected
23 Aug 2026 · 01:47 UTC
Source group
cfets_benchmarks
Comparability
Published percent rate; tenor and secured/unsecured family remain distinct.
Revision
original

The CFETS response supplies a data date but no release timestamp; the ledger conservatively records first observation as the release upper bound.

Open evidence receipt

official · current

Six-month SHIBOR

1.451 %

Period
2026-08-21 → 2026-08-21
Released
23 Aug 2026 · 01:47 UTC
Collected
23 Aug 2026 · 01:47 UTC
Source group
cfets_benchmarks
Comparability
Published percent rate; tenor and secured/unsecured family remain distinct.
Revision
original

The CFETS response supplies a data date but no release timestamp; the ledger conservatively records first observation as the release upper bound.

Open evidence receipt

official · current

Nine-month SHIBOR

1.47 %

Period
2026-08-21 → 2026-08-21
Released
23 Aug 2026 · 01:47 UTC
Collected
23 Aug 2026 · 01:47 UTC
Source group
cfets_benchmarks
Comparability
Published percent rate; tenor and secured/unsecured family remain distinct.
Revision
original

The CFETS response supplies a data date but no release timestamp; the ledger conservatively records first observation as the release upper bound.

Open evidence receipt

official · current

Overnight SHIBOR

1.434 %

Period
2026-08-21 → 2026-08-21
Released
23 Aug 2026 · 01:47 UTC
Collected
23 Aug 2026 · 01:47 UTC
Source group
cfets_benchmarks
Comparability
Published percent rate; tenor and secured/unsecured family remain distinct.
Revision
original

The CFETS response supplies a data date but no release timestamp; the ledger conservatively records first observation as the release upper bound.

Open evidence receipt

official · current

Official USD/CNY central parity

6.7817 CNY per USD

Period
2026-08-21 → 2026-08-21
Released
23 Aug 2026 · 01:47 UTC
Collected
23 Aug 2026 · 01:47 UTC
Source group
cfets_benchmarks
Comparability
Official daily central parity; compare only with another CNY-per-USD quote.
Revision
original

The CFETS response supplies a data date but no release timestamp; the ledger conservatively records first observation as the release upper bound.

Open evidence receipt

official · current

ECB versus Bank of Canada derived-rate difference

0.0015 CNY per USD

Period
2026-08-21 → 2026-08-21
Released
source gives date/period only
Collected
23 Aug 2026 · 17:27 UTC
Source group
external_fx_reference
Comparability
Absolute CNY-per-USD difference between two external official derivations.
Revision
not_available

A null cross-check is not converted to zero and this value does not add an independent China source.

Open evidence receipt

official · current

Official fix minus external reference gap

-0.9013%

Period
2026-08-21 → 2026-08-21
Released
source gives date/period only
Collected
23 Aug 2026 · 17:27 UTC
Source group
external_fx_reference
Comparability
Percent gap; positive means the market reference prices the yuan weaker than the fix.
Revision
not_available

The official fix and external reference are same-day but not simultaneous; the comparison is onshore and does not supply a license-clean CNH leg.

Open evidence receipt

official · current

Official USD/CNY central parity

6.7817 CNY per USD

Period
2026-08-21 → 2026-08-21
Released
source gives date/period only
Collected
23 Aug 2026 · 17:27 UTC
Source group
cfets_benchmarks
Comparability
CNY per USD; higher means a weaker yuan.
Revision
not_available

The official fix and external reference are same-day but not simultaneous; the comparison is onshore and does not supply a license-clean CNH leg.

Open evidence receipt

official · current

ECB-derived USD/CNY reference

6.7206 CNY per USD

Period
2026-08-21 → 2026-08-21
Released
source gives date/period only
Collected
23 Aug 2026 · 17:27 UTC
Source group
external_fx_reference
Comparability
CNY per USD; higher means a weaker yuan.
Revision
not_available

The official fix and external reference are same-day but not simultaneous; the comparison is onshore and does not supply a license-clean CNH leg.

Open evidence receipt

Markets & capital

Stock Connect is one cross-border market channel. Northbound buy/sell direction is no longer published and is never estimated.

market · current

Northbound SSE turnover

125.847 CNY billion

Period
2026-08-21 → 2026-08-21
Released
source gives date/period only
Collected
21 Aug 2026 · 14:03 UTC
Source group
hkex_market_flows
Comparability
CNY billion, turnover only; direction is not available after August 2024.
Revision
not_available

HKEX no longer publishes the northbound buy/sell split, so net flow is not inferred.

Open evidence receipt

market · current

Northbound SZSE turnover

142.241 CNY billion

Period
2026-08-21 → 2026-08-21
Released
source gives date/period only
Collected
21 Aug 2026 · 14:03 UTC
Source group
hkex_market_flows
Comparability
CNY billion, turnover only; direction is not available after August 2024.
Revision
not_available

HKEX no longer publishes the northbound buy/sell split, so net flow is not inferred.

Open evidence receipt

market · current

Northbound total turnover

268.088 CNY billion

Period
2026-08-21 → 2026-08-21
Released
source gives date/period only
Collected
21 Aug 2026 · 14:03 UTC
Source group
hkex_market_flows
Comparability
CNY billion, turnover only; direction is not available after August 2024.
Revision
not_available

HKEX no longer publishes the northbound buy/sell split, so net flow is not inferred.

Open evidence receipt

market · current

Southbound buy turnover

46.391 HKD billion

Period
2026-08-21 → 2026-08-21
Released
source gives date/period only
Collected
21 Aug 2026 · 14:03 UTC
Source group
hkex_market_flows
Comparability
HKD billion; buy and sell legs may be differenced only within southbound.
Revision
not_available

A market flow is not a direct measure of domestic output or investor nationality.

Open evidence receipt

market · current

Southbound sell turnover

54.021 HKD billion

Period
2026-08-21 → 2026-08-21
Released
source gives date/period only
Collected
21 Aug 2026 · 14:03 UTC
Source group
hkex_market_flows
Comparability
HKD billion; buy and sell legs may be differenced only within southbound.
Revision
not_available

A market flow is not a direct measure of domestic output or investor nationality.

Open evidence receipt

market · current

Southbound net flow

-7.63 HKD billion

Period
2026-08-21 → 2026-08-21
Released
source gives date/period only
Collected
21 Aug 2026 · 14:03 UTC
Source group
hkex_market_flows
Comparability
HKD billion; buy and sell legs may be differenced only within southbound.
Revision
not_available

A market flow is not a direct measure of domestic output or investor nationality.

Open evidence receipt

Trade, logistics & physical telemetry

Physical telemetry is currently sparse and mostly monthly; weather, sector mix, and administrative definitions can move it independently of output.

official · current

Outstanding RMB loan growth

5.1%

Period
2026-07-01 → 2026-07-31
Released
source gives date/period only
Collected
18 Aug 2026 · 07:23 UTC
Source group
pboc_credit_statistics
Comparability
Percent year-on-year; indicator definitions differ and are not interchangeable.
Revision
not_available

This is an aggregate official release. It can diverge because of sector mix, base effects, and definitions; it is not a standalone output estimate.

Open evidence receipt

Property, labor & demand

No current comparable property, labor, and household-demand series has yet crossed the publication boundary; absence is not recorded as zero.

No current metric

Not collected is not zero. The source backlog remains visible in the coverage matrix.

Data integrity

Release delay is evidence of publication timing, not evidence of intent, fabrication, or the direction of the economy.

official · current

Official publication darkness index

21.2%

Period
2026-08-23 → 2026-08-23
Released
source gives date/period only
Collected
23 Aug 2026 · 10:32 UTC
Source group
palimpsest_derived
Comparability
Mean days-since divided by each reporting surface's nominal interval.
Revision
not_available

A high ratio establishes late publication surfaces, not intent or data falsity.

Open evidence receipt

Observed, adapter-ready and absent

Scroll horizontally to inspect every column.

Economic evidence collection coverage
DomainStatusObserved groupsAdapter-ready groups
activityobservednbs_official_statistics, nra_rail_statisticsgacc_trade_statistics, imf_portwatch_ais, mot_transport_statistics, nbs_enterprise_survey, nea_energy_statistics, pboc_enterprise_survey, sentinel5p_atmosphere, spb_postal_statistics, viirs_radiance
agricultureadapter_readynonegacc_trade_statistics
commoditiesobservednbs_official_statisticsgacc_trade_statistics, imf_portwatch_ais, nea_energy_statistics, sentinel5p_atmosphere, viirs_radiance
consumer_digitaladapter_readynonenea_energy_statistics, spb_postal_statistics
creditobservedcfets_benchmarks, hkex_market_flows, pboc_credit_statistics, pboc_open_market_operations, safe_external_statisticspboc_credit_statistics, pboc_enterprise_survey, safe_external_statistics
firm_healthobservednbs_official_statisticsnbs_enterprise_survey, nbs_housing_prices, pboc_credit_statistics, pboc_enterprise_survey
inflationobservedcfets_benchmarks, external_fx_referencenbs_housing_prices, pboc_enterprise_survey
investmentobservedhkex_market_flows, pboc_credit_statistics, safe_external_statisticsmot_transport_statistics, nbs_enterprise_survey, pboc_credit_statistics, pboc_enterprise_survey, safe_external_statistics, viirs_radiance
laboradapter_readynonenbs_enterprise_survey, pboc_enterprise_survey
logisticsobservednra_rail_statisticsgacc_trade_statistics, imf_portwatch_ais, mot_transport_statistics, sentinel5p_atmosphere, spb_postal_statistics, viirs_radiance
propertyadapter_readynonenbs_housing_prices, viirs_radiance
tradeobservedexternal_fx_reference, nra_rail_statistics, safe_external_statisticsgacc_trade_statistics, imf_portwatch_ais, mot_transport_statistics, nbs_enterprise_survey, safe_external_statistics