Mixed signals in China’s economic data: Industrial production surges, retail sales lag

China’s economic data for April revealed a mixed picture, with industrial production rising by 6.7% yoy, surpassing the expected 4.6%. However, fixed asset investment for the year to date grew by 4.2% yoy, falling short of the anticipated 4.6%. Notably, real estate investment declined significantly, dropping by -9.8% in the first four months of the […]

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