Xinhua reports the comments by the Chinese President Xi, following the conclusion of the Politburo meeting.
Key Quotes:
The economic situation is good overall.
Hopes everyone will correctly recognize China’s current economic situation.
Global environment, domestic conditions are having profound, complicated changes.
Long-term positive trend for China economy remains unchanged.
Efforts to improve economic structure will not be smooth.
The comments come ahead of the highly-anticipated US-China trade talks due later today in Shanghai. The risk sentiment sours in Europe amid rising no-deal Brexit fears, pushing USD/JPY further south to 108.50 levels.
Share
