Several Significant Developments for Investors to Process
Chinese July data have deepened concerns about the world’s second largest economy. Weaker-than-anticipated on-year growth in China’s retail sales of 2.5% was down from 8.2% in the first half of 2023. Industrial production growth of 3.7% year-on-year also undershot expectations. The unemployment rate edged up to a 4-month high of 5.3%, and fixed asset investment […]
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