China’s NDRC: Confident in minimizing uncertainty and negative impact of external shocks

Source Fxstreet

The National Development and Reform Commission (NDRC), China’s state planner, said on Thursday, they are “confident in minimizing uncertainty and negative impact of external shocks.”

Additional takeaways

External environment becomes more complex and uncertain, posing challenges to global trade growth.

China sees improved summer electricity supply-demand compared to the previous year.

Chinese economy stable throughout the year.

With policy implementation and introduction, we are confident and capable to minimize the adverse impacts from external shock.

Third batch of trade-in subsidies for consumer goods to be issued in July.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Must Clear This Critical Cost Basis Level For Continued Upside, Analyst SaysIn a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to
Author  NewsBTC
4 Month 23 Day Wed
In a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to
placeholder
Solana (SOL) Holding Strong Above $150 — Breakout Zone In PlaySolana started a fresh increase from the $132 support zone. SOL price is now consolidating and might climb further above the $155 resistance zone. SOL price started a fresh increase above the $135
Author  NewsBTC
4 Month 25 Day Fri
Solana started a fresh increase from the $132 support zone. SOL price is now consolidating and might climb further above the $155 resistance zone. SOL price started a fresh increase above the $135
placeholder
Ethereum ‘Insanely Undervalued’ As Accumulation Addresses Keep Stacking – Is A Rally Imminent?According to a recent X post by crypto trader Coinvo, Ethereum (ETH) is ‘insanely undervalued’ at its current price. Several on-chain metrics appear to support Coinvo’s assessment, as ETH
Author  NewsBTC
5 Month 07 Day Wed
According to a recent X post by crypto trader Coinvo, Ethereum (ETH) is ‘insanely undervalued’ at its current price. Several on-chain metrics appear to support Coinvo’s assessment, as ETH
placeholder
Cardano (ADA) Struggles Deepen: Price Slips Further, Investors on EdgeCardano price started a fresh decline below the $0.70 zone. ADA is now consolidating and might aim decline further below the $0.650 zone. ADA price started a fresh decline below $0.720 and $0.700.
Author  NewsBTC
6 Month 05 Day Thu
Cardano price started a fresh decline below the $0.70 zone. ADA is now consolidating and might aim decline further below the $0.650 zone. ADA price started a fresh decline below $0.720 and $0.700.
placeholder
Ethereum Price Tests Ascending Channel Resistance – Breakout Or Breakdown?Ethereum pushed above the $2,820 mark yesterday, strengthening the bullish case for a breakout after weeks of consolidation. The move has created renewed optimism among traders who expect ETH to
Author  NewsBTC
6 Month 12 Day Thu
Ethereum pushed above the $2,820 mark yesterday, strengthening the bullish case for a breakout after weeks of consolidation. The move has created renewed optimism among traders who expect ETH to
Related Instrument
goTop
quote