- China’s NBS: Economy generally stable in Nov, sees increasing positive changes
Market news
16 December 2024
China’s NBS: Economy generally stable in Nov, sees increasing positive changes
Following the publication of the high-impact China’s activity data for November, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Monday.
Key quotes (via Reuters)
Economy generally stable in Nov, sees increasing positive changes.
Trend of recovery in consumption has not changed.
Will implement more policies to expand domestic demand.
New policies will gain more traction, but external situation has become more complex and severe.
developing story ....
Market reaction
AUD/USD is holding gains above 0.6350, up 0.16% on the day, at the press time.
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