China’s NBS: China's economy still faces relatively big downward pressure

Following the releases of upbeat Chinese activity data, the spokesman for the country’s stats bureau, National Bureau of Statistics (NBS) highlighted the following key points.

China's economy still faces relatively big downward pressure.

China will keep its economic operations within a reasonable range.

China Nov nationwide survey-based jobless rate at 5.1%.

China's economy created 12.79 mln new urban jobs in Jan-Nov.

China’s Nov data dump: A big beat on Retail Sales and Industrial Production – Aussie revisits highs

China’s November Retail Sales YoY, the number arrived at +8.0% vs. +7.6% exp and +7.2% last, with Industrial Output YoY at +6.2% and +5.0% exp and +4.
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AUD/USD struggles to gather upside traction despite upbeat China data

AUD/USD is struggling to gather upside traction despite an above-forecast China data. The pair picked up a bid near 0.6775 after the consumer spending
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