China’s NBS: Positive momentum of China's economic recovery more obvious in Q3

Dhwani Mehta FXStreet

Following the release of the high-impact economic data from China for September, the National Bureau of Statistics (NBS) expressed its outlook on the economy.

Key quotes (via Reuters)

Positive momentum of China's economic recovery more obvious in Q3.

Foundation of economic recovery and improvement needs to be further consolidated.

If China's Q4 YoY GDP growth could hit above 4.4%, the full-year target of around 5% could be achieved.

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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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