The state planner is the National Development and Reform Commission of the People's Republic of China
- AKA NDRC
- property investment in Q1 will maintain relatively rapid grow, but new construction starts may fall
- infrastructure investment growth still under pressure
- manufacturing investment may face some downward pressure in h1
As China's economy leans more heavily on consumer spending and away from property/infrastructure it'll be a negative factor for the AUD. Australia exports materials used in construction and energy to China and what have you (I'm simplifying but that's the gist of it), not so much (there are some) consumer goods.
