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China's Industry Ministry says industry facing insufficient demand and declining revenues

China's Industry Ministry says industry facing  insufficient demand and declining revenues
China's Industry Ministry statement:China's industrial sector faces difficulties and challenges such as insufficient demand and declining revenuesWill formulate plans to stabilise growth of 10 sectors including auto and steelEarlier from China today, finance ministry data:China's fiscal revenues grew 13.3% in the first six months of 2023 y/yfrom +14.9% rise in the first five months In June alone, fiscal revenue rose 5.6% y/y, slowing sharply from a 32.7% jump in May, according to Reuters calcula... Read More
Posted: Jul 19 2023, 02:33
Author Name: forexlive
Views: 092097

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