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CHINA’S NBS: ECONOMY RECOVERY FOUNDATION STILL NEEDS TO BE CONSOLIDATED

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Following the publication of the high-impact China’s growth and activity data for May, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Monday.

Key quotes (via Reuters)

China's economy operation generally steady in H1.

China H1 GDP 5.0% YoY.

External environment complex and external demand still not sufficient.

Economy recovery foundation still needs to be consolidated.


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