Following the release of the Chinese economic releases, especially the Q2 growth numbers, the country’s President Xi Jinping came out on the wires, expressing his take on the economic outlook, per Xinhua news agency.
Xi said that the fundamentals of China's long-term sound economic growth have not changed and will not change.
China will keep deepening reform and expanding opening-up, he added.
He will provide a better business environment for investment, development of Chinese and foreign enterprise, said Xi in a letter to global CEOs.
Market reaction
On the above comments, AUD/USD is little changed and keeps its range near daily lows of 0.6989, as markets digest the macro data flow Australia and China.
Meanwhile, the Chinese yuan remains on the back foot despite the Q2 GDP beat.
- USD/CNH: Offshore yuan remains weak despite above-forecast China GDP
作者：Dhwani Mehta，文章来源FXStreet，版权归原作者所有，如有侵权请联系本人删除。
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
暂无评论。 来发表第一条观点吧。