Key quotes China to step up counter-cyclical fiscal policy. China confident in achieving around 5% growth target. Details of fiscal stimulus will undergo a legal process. Will be announced after the National People’s Congress session. Market reaction At the time ofwriting,AUD/USDwas down 0.12% on the day at 0.6598.
How does the health of the Chinese Economy impact the Australian Dollar? China is Australia’s largest trading partner so the health of the Chinese economy is a major influence on the value of the Australian Dollar . When the Chinese economy is doing well it purchases more raw materials, goods and services from Australia, lifting demand for the AUD, and pushing up its value. The opposite is the case when the Chinese economy is not growing as fast as expected.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
South Korean finance minister views dollar-won near 1,400 as new normal, Yonhap reportsSouth Korean finance minister views dollar-won near 1,400 as new normal, Yonhap reports
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »
French finance minister says deficit reduction was top priority before Moody's warningFrench finance minister says deficit reduction was top priority before Moody's warning
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »
Chinese finance minister set to deliver highly anticipated briefing on stimulusChina’s Minister of Finance Lan Fo’an spoke Saturday during a highly anticipated press conference on measures to support the economy.
출처: NBCPhiladelphia - 🏆 569. / 51 더 많은 것을 읽으십시오 »
China's finance minister says there is room for more economic stimulus but offers no planChina's finance minister says the government is looking at additional ways to boost the economy, but he didn't unveil a major new stimulus plan at a news conference Saturday.
출처: wjxt4 - 🏆 246. / 63 더 많은 것을 읽으십시오 »
Crude oil prices fall more than 2% after China finance minister disappoints on stimulusSoft demand in the world’s largest crude importer has weighed on the market for months.
출처: NBCNewYork - 🏆 270. / 63 더 많은 것을 읽으십시오 »
China's Former Minister of Finance Calls Crypto a 'Crucial Aspect' of Digital EconomyThe former minister called on Beijing to study the industry in light of Republican candidate Donald Trump's comments on crypto.
출처: CoinDesk - 🏆 291. / 63 더 많은 것을 읽으십시오 »