More comments from China State Bureau on the activity data misses

Author: Eamonn Sheridan | Category: News

The August data from China showed misses across the board:

More remarks from the NBS, nothing unusual in here:
  • Says economic operations remain largely steady in August
  • China's economic operations within reasonable range in January - August
  • Expects China's consumer inflation to remain largely stable
  • Says hina able to achieve full-year growth target
  • China will move forward local govt special bond issuance to support infrastructure investment

I bolded that last one …. again, not unusual but more stimulus in the pipeline confirmation. 

ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose