Global Economy
China's stats bureau deputy head says China's CPI and PPI are in reasonable ranges and hard won given most countries face big price increases, adds China's energy supplies are sufficient, production is stable and imports under control
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China's NBS reports stable prices and energy despite Q2 GDP slowing due to external factors. Strong oil reserves and fiscal policy focus aim to secure the 2026 growth target.
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Says: Q2 GDP growth slowdown is due mainly to short-term factors and external factors. GDP growth lays a good foundation for achieving the full-year growth target.
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