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.


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Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam
Craig Erlam

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