Moody’s: China seeing a strong rebound but risks are rising
Moody’s Investors Service is out with its review on the Chinese economy, underscoring the concerns over the post-pandemic recovery.
“Strong rebound has become broad-based and recovery will continue throughout 2021 given supportive domestic policies and robust external demand.”
“China’s financial market opening, capital flows and the external environment present risks to the growth outlook over the next 12 months.”
- China’s May Trade Balance: Surplus and exports grow, miss estimates
- USD/CNH Price Analysis: Battles previous support around 6.40 on China data
via FXStreet News https://ift.tt/3tYkUTd
June 6, 2021 at 09:23PM