AUD Slightly Impacted By Chinese GDP Contraction
<p>On Friday, China reported that its first-quarter GDP shrank 6.8% on year On Friday, China reported that its first-quarter GDP shrank 6.8% on year (worse than the -6.0% expected), the first economic contraction in nearly 30 years. Industrial production also fell 1.1% in March (better than the -6.2% estimated) and retail sales declined 15.8% (worse than -10.0% […]</p>
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