Following the release of the September activity numbers, China’s National Bureau of Statistics (NBS) released a statement, via Reuters, expressing their take on the economy.
China's economy maintained recovery trend in Jan-Sept.
China's economy faces rising international uncertainties, recovery still not solid, not balanced.
Will keep economic operations within reasonable range, will achieve full-year targets.
Final consumption accounted for 64.8% of China’s GDP growth in Jan-Sept.
China faces rising challenges to keep economic operations stable.
Expects constraints on China’s coal, electricity supplies will ease.
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AUD/USD remains confined in a range, around mid-0.7400s post-Chinese macro data
