Comments from ex-chief of China National Bureau of Statistics (NBS) Ma Jiantang and State Council Research Office deputy director Huang Shouhong crossed the wires via Bloomberg earlier today.
Key Quotes:
China’s economic statistics are true and reliable
Higher or lower GDP growth are both acceptable for China as long as it remains within the range of 6.5%-7%
China’s GDP target will be “more and more flexible”
China’s future targets will be general guidelines
(Market News Provided by FXstreet)