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China’s NBS: Economy continued to recover and turn for the better in Jan-Feb

Following the release of the high-impact activity data from China for January-Feburary, the National Bureau of Statistics (NBS) offered its take on the economy during its press conference on Monday.

Key quotes (via Reuters)

With macro policies taking effect, the national economy continued to recover and turn for the better in Jan-Feb.

Domestic effective demand remained insufficient, foundation for economic recovery and growth needs to be further consolidated.

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