In H1 2025, China’s economy is expected to have remained generally stable
The post In H1 2025, China’s economy is expected to have remained generally stable appeared on BitcoinEthereumNews.com.
Following the release of the top-tier China’s May activity data, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Monday. Key quotes (via Reuters) Many uncertainties in the international environment, foundation of economic recovery needs to be strengthened. China’s policy toolkit is well-stocked, has the flexibility to adjust macro policies according to changing circumstances. Overall level of prices still at a low level, which affects enterprises, employment and incomes. There is difficulty in recruiting workers in some sectors and a high level of pressure on employment for some groups. Still, some pressure on maintaining stable employment, primarily due to the complex and changing external environment. Due to factors such as increased uncertainty in trade policies, it has been particularly challenging for China’s economy to maintain stable growth since the second quarter. For the first half (H1) of this year, China’s economy is expected to have remained generally stable. Real estate market has continued to move in the direction of stabilisation and recovery. In order to help real estate market stop its decline and return to stability, more efforts are still needed. Market reaction AUD/USD keeps the red near 0.6480, down 0.12% on the day, at the press time. Australian Dollar FAQs One of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set by the Reserve Bank of Australia (RBA). Because Australia is a resource-rich country another key driver is the price of its biggest export, Iron Ore. The health of the Chinese economy, its largest trading partner, is a factor, as well as inflation in Australia, its growth rate and Trade Balance. Market sentiment – whether investors are taking on more risky assets (risk-on) or seeking safe-havens (risk-off) – is also a factor, with risk-on positive for AUD. The Reserve…
Filed under: News - @ June 16, 2025 3:23 am