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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