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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: Economy Recovering But Challenges Remain - NBS
China’s economy will continue its upward recovery into 2024, but external uncertainties and insufficient domestic demand will challenge policymakers, said Liu Aihua, spokesperson for the National Bureau of Statistics.
Speaking at a press conference on Wednesday, Liu noted Q4 economic data will benefit from last year’s low base effect and policymakers will need more effort to sustain the economic recovery in future. China had recently experienced uneven PMI results due to seasonal factors alongside the uneven nature of the recovery and low demand for manufacturing, Liu added.
China's consumption jumped more than expected to a five-month high in October amid a holiday boom, despite the ailing real-estate sector weighing on investment. (See: MNI BRIEF: China October Retail Sales Jump To Five-Month High - Bonds & Currency News | Market News)
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.