China’s NDRC: We are confident about the growth condition for this year

Deputy Director General of China’s National Development and Reform Commission of the People's Republic of China (NDRC) said in a statement on Wednesday, “we are confident about the growth condition for this year.”

“China's potential growth rate is the same as the potential growth rate of the entire world,” he added.

Market reaction

AUD/USD licks its wounds below 0.6700 on softer Australian inflation data and a mixed market mood. The pair is down 0.22% on the day, trading at 0.6993, as of writing.