Market news
18.10.2023, 02:34

China’s NBS: Positive momentum of China's economic recovery more obvious in Q3

Following the release of the high-impact economic data from China for September, the National Bureau of Statistics (NBS) expressed its outlook on the economy.

Key quotes (via Reuters)

Positive momentum of China's economic recovery more obvious in Q3.

Foundation of economic recovery and improvement needs to be further consolidated.

If China's Q4 YoY GDP growth could hit above 4.4%, the full-year target of around 5% could be achieved.

Related reads

  • Australian Dollar recovers intraday losses on upbeat Chinese data
  • China’s GDP expands 4.9% YoY in Q3 vs. 4.4% expected

© 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.

AML Website Summary

Risk Disclosure

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.

Privacy Policy

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
Feedback
Live Chat E-mail
Up
Choose your language / location