- China’s Finance Ministry: Economy will maintain its rebound and positive trend
Market news
5 December 2023
China’s Finance Ministry: Economy will maintain its rebound and positive trend
China’s Finance Ministry said in a statement on Tuesday, the “economy will maintain its rebound and positive trend.”
Additional quotes
Disappointed by Moody's downgrade of ratings outlook.
China's economy will maintain its rebound and positive trend.
Moody's concerns about China's economic growth prospects, fiscal sustainability and other aspects are 'unnecessary'.
The impact of the downturn in the real estate market on local general public budgets and government fund budgets is controllable and structural.
Market reaction
AUD/USD is licking the RBA decision-inflicted wounds near 0.6580, down 0.60% on the day, as of writing.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page