Following the publication of activity figures for July, the National Bureau of Statistics of China (NBS) has published a statement, via Reuters, in which it expresses its opinion on the economy.
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China’s economic recovery momentum slowed in July.
The Chinese real estate sector is expected to stabilize gradually.
The employment situation in China is generally stable, but the pressure on employment remains.
There is no basis for a sharp rise in pork prices.
Consumer inflation in 2022 is expected to remain at a reasonable level, despite relatively strong increases in some months.
The Chinese economy remains resilient despite the difficulties.
We expect the Chinese economy to continue to recover.
Source: Fx Street
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