Responses to China data coming in - like the data they are mixed

Author: Eamonn Sheridan | Category: News

Industrial production, retail sales and fixed asset investment data (combined Jan and Feb in an attempt to account for distortions) can be found here;

Bloomberg have a summary piece up, the main pints:
  • unemployment sharply higher
  • Industrial output  … worst start to a year since 2009
  • Retail sales... 
  • On the upside, fixed-asset investment picked up and property investment jumped
The article also contains a couple of analyst responses:
  • BA: "We think that growth will stabilize and improve in the second quarter" 
  • Natwest" "economy will take a longer time to bottom out "
Link for even more if you'd like 


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