China’s NBS: Economy maintained recovery trend in Jan-Sept

Dhwani Mehta FXStreet

Following the release of the September activity numbers, China’s National Bureau of Statistics (NBS) released a statement, via Reuters, expressing their take on the economy.

China's economy maintained recovery trend in Jan-Sept.

China's economy faces rising international uncertainties, recovery still not solid, not balanced.

Will keep economic operations within reasonable range, will achieve full-year targets.

Final consumption accounted for 64.8% of China’s GDP growth in Jan-Sept.

China faces rising challenges to keep economic operations stable.

Expects constraints on China’s coal, electricity supplies will ease.

AUD/USD remains confined in a range, around mid-0.7400s post-Chinese macro data

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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