Comments from an official at China’s National Bureau of Statistics (NBS)
Productivity demand grew steadilyemployment situation generally stableeconomy grew steadily in face of pressure, continues developing in an upward trendChina actively diversifying, expanding trade with Belt and Road initiative nations
The comments follow the April economic data release, a mixed bag:
China Industrial Output April 2025 +6.1% y/y (expected 5.5%, prior +7.7%)
As an aside, from the data something that might interest oil traders:
China’s April apparent oil demand falls 5.6% y/y
This article was written by Eamonn Sheridan at www.forexlive.com.