“Hang Seng, Aud/USD React to China’s Economic Data As Housing, Retail, and Job Figures Send Conflicting Market Signals.”, – WRITE: www.fxempire.com
PUBLISHED: MAR 17, 2025, 02:44 GMT+00: 00
Key Points:
- China’s Retail Sales Rose 4% Yoy, But Rising Unemployment To 5.4% Casts Doubt on Beijing’s 5% GDP Growth Target.
- House Prices Fell 4.8% Yoy In February, Raising Uncertainty About A Near-Term Housing Market Recovery.
- China Unveils A New Action Plan to Boost Domastic Demand Through Wage Hikes, Subsidies, and Conumption Incentives.
