China economy stabilised in 1Q, boosting EM

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Forex News and Events China’s economy stabilise in the first quarter (by Arnaud Masset) In our opinion, the last batch of economic data from China were rather encouraging as it showed that the Chinese economy still has some juice in, gaining 6.7%y/y in the first quarter, down from 6.8% in Q4 2015 but still matching market’s expectations. The stabilisation came on the back of a rebound in the property sector as the total investment in real estate development reached CNY 1,768bn, which

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