China stats spokesperson: Economic recovery foundation needs strengthening

Forex Short News

China National Bureau of Statistics (NBS) spokesperson:

  • Geneva discussions benefit trade relations between China, US
  • China online sales promotions boosted retail sales in May
  • China trade program boosts retail sales in May
  • Many uncertainties in the international environment, foundation of economic recovery needs to be strengthened
  • Policy toolkit is well-stocked, has the flexibility to adjust macro policies according to changing circumstances

Data is here:

Retail slaes growth in May was the fastest since December 2023

This article was written by Eamonn Sheridan at www.forexlive.com.