December 9, 2022

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China stats dept comments on the April ‘activity data’

1 min read

Remarks from China’s National Bureau of Statistics:

  • says China’s economy showed steady improvement in April
  • foundation for
    economic recovery not solid
  • says new problems in
    economy emerging
  • says China will keep its
    economic operations within a reasonable range

Some of the data points buried in the headlines are very strong, for example:

  • crude steel output hit a record high, as did the output of aluminium

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