China’s Finance Ministry: Economy will maintain its rebound and positive trend
|China’s Finance Ministry said in a statement on Tuesday, the “economy will maintain its rebound and positive trend.”
Additional quotes
Disappointed by Moody's downgrade of ratings outlook.
China's economy will maintain its rebound and positive trend.
Moody's concerns about China's economic growth prospects, fiscal sustainability and other aspects are 'unnecessary'.
The impact of the downturn in the real estate market on local general public budgets and government fund budgets is controllable and structural.
Market reaction
AUD/USD is licking the RBA decision-inflicted wounds near 0.6580, down 0.60% on the day, as of writing.
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