Downward Pressure on China’s Economy More Obvious: NDRC

The downward pressure on China’s economy has becomes more obvious as it still faces many difficulties and challenges, the country’s top economic planning agency said on Monday.

China expects to achieve full-year main economic targets while keeping growth within a reasonable range, the National Development and Reform Commission (NDRC) said in a statement on its website.

It added that the government expects economic growth will be stable in the second half of this year.

The government will strength policy fine-tuning and targeted adjustments.


Craig Erlam
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the BBC and The Telegraph, and he also appears regularly as a guest commentator on Bloomberg TV, CNBC, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.