China is confident about expanding its economy by around 7.5 percent this year, Premier Li Keqiang was quoted by the official Xinhua news agency as saying on Thursday, in line with the government’s growth target.
The remarks from Li, who is on a state visit to Africa, follows data that showed China’s trade sector returning to slight growth in April as orders to the United States and Europe surged, though the outlook remains cloudy.
via Reuters
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.