China’s NDRC: Faces certain pressure in stabilizing employment due to China-US trade frictions

Dhwani Mehta FXStreet

Reuters reports fresh comments from the National Development and Reform Commission (NDRC), China’s state planner, with the key headlines noted below.

Faces certain pressure in stabilizing employment due to China-US trade frictions and increasing downward pressure on the economy.

Approved 68.9 billion yuan ($9.72 billion) of fixed-asset investment projects in August.

USD/CNH technical analysis: 21-day EMA holds the key to 7.1390/1400 horizontal resistance

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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