Hopes are up, again, for stimulus from China after the most recent data, which continues the theme of e=unevenn recovery:
National Bureau of Statistics (NBS) with remarks:
- Economic recovery trend needs to be consolidated
- Expects recovery in consumption to consolidate as policies gain traction
- Falls in Producer Prices Index are likely to narrow in coming months
- Consumer prices are expected to remain relatively stable
- domestic demand is likely to improve due to policy support
- Economic development in China faces more favourable conditions despite challenges and risks
- China's foreign trade remains resilient despite rising protectionism
