A Spokesman from China’s National Bureau of Statistics (NBS) is on the wires now, via Reuters, commenting on the Chinese economic growth prospects following the release of China data dump.
Key Headlines:
Slowing trend in infrastructure investment will be halted in coming months.
No need to worry about risks of stagnation in China’s economy.
China’s household debt remains at a reasonable level, risks under control.
Expects China’s consumer inflation to remain mild, no significant price rises.
Impact from China-US trade frictions in China economy not significant, but there will be an impact on global recovery.
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