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- China’s NBS: Economic operations still within reasonable range in Q1
China’s NBS: Economic operations still within reasonable range in Q1
Following the release of the March activity numbers, China’s National Bureau of Statistics (NBS) released a statement, via Reuters, expressing their take on the economy.
Key headlines
Domestic and international uncertainties increasing.
Economy faces many challenges and difficulties.
Market reaction
AUD/USD is testing lows near 0.7380 on the mixed Chinese data dump and NBS comments. The pair is losing 0.22% on the day, as it currently trades at 0.7379.
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