China NBS - Volatility in July readings is expected

China National Bureau of Statistics (NBS) spokesman Sheng Laiyun was on the wires stating the volatility in the July economic data is expected.

Key quotes

Volatility in July readings is expected

China's economy is still operating steadily with signs of improvement

Investment growth slows while structure optimizes

Supply-side reform pushes forward with effects shown

PPI deflation shows traditional sectors can't meet demands