China Stats Bureau: Economic growth still within a reasonable range

China Stats Bureau is out on wires assuring the markets that despite the trade war with the US the economic growth in the world's second-largest economy is still within a reasonable range.

Key quotes (Source: Reuters)

• Expect infrastructure investment to pick up in H2 due to policy support.
• Needs to assess the impact on China's economy from trade frictions with the US.
• Says able to keep yuan basically stable.