China’s NBS: Economy has continued to improve
|Following the release of the November activity numbers, China’s National Bureau of Statistics (NBS) released a statement, via Reuters, expressing their take on the economy.
Key headlines
Economic recovery is facing many constraints.
November indicators are in a reasonable range.
China's economy continued to improve.
Semiconductor shortage for the auto sector has eased a little.
Overall real estate market stable.
Some cities face more pressure due to people outflows, economic difficulties.
Market reaction
AUD/USD was last seen trading at 0.7109, up 0.10% on the day.
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