China National Bureau of Statistics (NBS) spokesman:
We need to recognize that the internal driving force for investment growth is ‘obviously insufficient’We need to improve the efficiency of investment and continue to optimize the structure of investmentForeign trade overcame difficulties and maintained steady growth in April, demonstrated strong resilience and international competitivenessThe reduction of tariffs by China and the United States in the next stage is conducive to the growth of bilateral trade and the recovery of the world economyAgainst increased external shocks, China’s foreign trade has been able to withstand pressure and continue to grow
Earlier:
China Stats spokesman: contribution of consumption to eco growth will continue to increase
China Industrial Output April 2025 +6.1% y/y (expected 5.5%, prior +7.7%)Chinese officials say the economy is growing steadily in the face of pressure
This article was written by Eamonn Sheridan at www.forexlive.com.