- Analytics
- News and Tools
- Market News
- China’s NBS: Economy faces many risks and challenges, external environment complex and severe
China’s NBS: Economy faces many risks and challenges, external environment complex and severe
Following the release of the January-February activity numbers, China’s National Bureau of Statistics (NBS) released a statement, via Reuters, expressing their take on the economy.
Key headlines
China's economy faces many risks and challenges, external environment complex and severe.
National economy recovered better than expectation in the first two months of 2022.
Momentum of China’s economic recovery sound in Jan-Feb.
Sees increasing positive changes in economic performance.
Foundation for economic recovery not solid yet.
Need to watch COVID-19’s impact on China’s economy.
Market reaction
AUD/USD is erased most losses to now trade flat at 0.7183 on the upbeat Chinese data and NBS comments.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
