China is said to weigh stimulus measures to bolster consumption, Aussie unmoved

Dhwani Mehta FXStreet

Bloomberg is out with the breaking news, citing that China is said to be weighing stimulus measures to bolster consumption.

This comes despite China reporting upbeat macro numbers across all indicators, including a huge beat on the industrial production and steady Q1 GDP numbers.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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