China NBS: Economy grew steadily in Q3, quality improved

Dhwani Mehta FXStreet

China’s National Bureau of Statistic out with their comments on the Chinese economy, following the release of Q3 GDP report, which matched forecasts.

Key Headlines via Bloomberg:

Economy clearly steady situation

Economy sees more positive signs

Employment better than expected

Consumption contribution to economy is increasing

Key Headlines via Reuters:

Capital formation accounts for 36.8% of China's January - September GDP growth

Net exports account for -7.8% of January - September GDP growth

Rising prices of industrial products, profits partly due to supply-side reforms, these will unwaveringly push forward

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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