China's economy shows signs of weakness before data release

CNBC May 15, 2024, 02:00 AM UTC

Summary: China's economy faces sluggish growth, prompting expectations of monetary policy easing. Analysts predict a slight increase in April's retail sales, industrial production, and fixed asset investment data. China plans a 1 trillion yuan bond issuance for strategic projects, with the first 30-year bond issued. New loan data shows a sharp slump in demand, with businesses and households reducing borrowing. M2 money supply grew by 7.2%, the slowest since 1986.

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Timeline:

  1. [3.6]
    China's April data: Retail sales up 2.3%, industrial production 6.7% (CNBC)
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