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Chinese economic data for August fell short on both the demand and supply sides. Specifically, …
Retail sales grew 3.4%, slower than July’s 3.7%, below the consensus forecast of 3.9%, and representing the weakest pace since November 2024.
Industrial production rose by 5.2%, lagging July’s 5.7% and the same consensus market expectation, and marking the slowest increase since August 2024.
These numbers will reignite the policy debate with…
Some arguing for more government stimulus under the growth current model, and
Others, including me, stressing the need for faster reforms to overhaul China’s growth models.
#economy #china #growth #markets
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