China's industrial output and retail sales for April slowed sharply, retail sales growth hitting the slowest pace since May 2003, reinforcing expectations that Beijing needs to roll out more stimulus measures to prop up domestic economy as the trade tensions with the US escalates.
Growth in industrial output slowed to 5.4 per cent in April from a year earlier, missing expectation for a growth of 6.5 per cent, pulling back from a 4-1/2 year high . . .
To continue reading, please subscribe. You will get
- IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
- THE WIRE - up-to-the-minute updates of market-moving news and views. We want you to be the first to know it when something important happens.
- DETAILS - We bring you details that you won't find elsewhere. General information is everywhere, but information with details and relevant to your investment is rare.
We highly value independence. We are solely funded by subscriptions from intelligent readers like you.
Already have an account? Sign In