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On December 31, Li Bin, Deputy Director and Spokesperson of the State Administration of Foreign Exchange, answered reporters questions regarding Chinas external debt data as of the end of September 2025. Li Bin stated that my countrys external debt situation remained generally stable in the third quarter of 2025. First, the scale of external debt remained stable with a slight decrease. As of the end of September 2025, my countrys total external debt (including both domestic and foreign currencies) was US$2,368.4 billion, a decrease of 2.8% compared to the end of June 2025. Second, the structure of external debt remained basically stable. In terms of currency structure, domestic currency external debt accounted for 51.9%, a decrease of 0.2 percentage points compared to the end of June 2025; in terms of maturity structure, medium- and long-term external debt accounted for 42.5%, an increase of 0.1 percentage points compared to the end of June 2025. Overall, my countrys external debt scale remained stable with a slight decrease, the currency structure remained basically stable, and the maturity structure was somewhat optimized.On December 31, Qijing Auto officially announced the supplier lineup for its first model, including CATL, Continental, BASF Coatings, Fuyao, Yanfeng, Bosch, Xingyu, and Aumoway.Hong Kong Stock Exchange: Xiaomi Group (01810.HK) repurchased 3.8 million Class B shares for HK$149 million on December 31.On December 31st, ChipLink Integrated stated on its interactive platform that through in-depth cooperation with customers and continuous R&D investment, the company has achieved several breakthroughs in the field of AI. Among them, the VCSEL light source and scanning mirror for LiDAR used in robots have achieved mass production; and the miniaturized drive module for robot dexterity hands has been selected by leading domestic companies.On December 31st, the Ministry of Industry and Information Technology released data showing that from January to November, my countrys large-scale internet and related service enterprises achieved internet business revenue of 1.8034 trillion yuan, a year-on-year increase of 1%, with the growth rate falling by 0.1 percentage points compared to January-October. From January to November, the total profits of my countrys large-scale internet enterprises reached 137.8 billion yuan, a year-on-year decrease of 11.7%, with the decline widening by 0.8 percentage points compared to January-October. From January to November, my countrys large-scale internet enterprises invested a total of 95.74 billion yuan in R&D, a year-on-year increase of 6.7%, with the growth rate falling by 0.4 percentage points compared to January-October.

Silver price analysis: XAG/USD declines from a 13-day-old resistance line below $21.00

Daniel Rogers

Mar 13, 2023 11:37

 截屏2022-07-29 上午11.05.40.png

 

Silver price (XAG/USD) maintains modest gains near $20.60 as it probes the metal's retreat from a key short-term resistance line on Monday morning. Despite this, the XAG/USD maintains its three-day winning trend and extends yesterday's recovery from the lowest levels since November 4, 2022.

 

Nonetheless, the impending bear cross on the MACD and the bullion's inability to remain above the 200-SMA, not to mention the failure to cross a two-week-old resistance line, give Silver price bears reason for optimism.

 

Consequently, the bullion remains on track to retest the two-week-old horizontal support zone close to $20.40. However, the metal's further decline may make it difficult to break the $20.00 psychological magnet.

 

The focus will then shift to the monthly low of $19.95 and the November 2022 low around $18.85.

 

On the contrary, recovery movements remain elusive unless the XAG/USD remains below the downward-sloping resistance line from late February, around $20.90 at the latest. The $21.00 round number also functions as an upside filter.

 

The previous week's high near $21.30 may serve as the last line of defense for the XAG/USD skeptics if Silver purchasers maintain control above $21.00.