Following the release of the key economic data from China, the country’s National Bureau of Statistics (NBS) released a statement, via Reuters, expressing their outlook on the economy.
Key quotes
International environment is still complex and growth of external demand is still uncertain.
Constraints of domestic market demand and insufficient demand still exist.
Demand for production has basically rebounded, employment and prices have generally been stable.
The resilience of China’s foreign trade development continues to show.
China Q1 pork production at highest for a quarter in five years.