China’s NBS: Economy maintained recovery trend in October despite pressures

Market news

15 November 2022

China’s NBS: Economy maintained recovery trend in October despite pressures

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

Key quotes

China’s economy maintained a recovery trend in October despite pressures.

Economic recovery slows due to covid flareups.

Will actively expand demand, stabilize employment and prices.

more to come ...

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