China: Set to announce its plans to revive growth – Danske Bank

Research Team at Danske Bank, suggests that over the weekend, the annual meeting of China's National People's Congress (NPC) starts.

Key Quotes

“Here, China is set to announce its plans to revive growth and map out economic goals for the next five years. The biggest take-away from the NPC is usually the GDP target but reforms to rebalance the economy will also be in focus.”

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The USD/JPY pair found good support near 113.25 region and swung back higher, in response to the renewed rally seen in the Chinese equities.
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