• China’s Li: Risk of global recession increasing

Noticias del mercado

9 diciembre 2022

China’s Li: Risk of global recession increasing

China’s Premier Li Keiang expressed concerns about the global economy while warning of a potential recession during his speech on Friday.

Key quotes

Inflation remains high in some countries.

World economy faces grim challenges.

Risk of global recession increasing.

Domestic economy is currently in a stable state after reversing the Q3 economic decline.

China cannot stop opening up.

We will continue at a high level.

Market reaction

AUD/USD is unfazed by these comments, keeping its upside consolidative mode intact near 0.6800, up 0.35% on the day.

Enfoque del mercado
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