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China's economic factors stable but weak

ArgusFX

Industrial Production

The nation's industrial production remained at 6.5% and matched the analysts' and the economists' predictions

China's RS stable at 10.7%

Retail Sales

The Chinese retail sales stabilized at 10.7% and slightly missed the economists' forecasts for a drop to 10.6%

Momentum may weaken

The nation's retail sales and factory output escalated steadily in May, with the level of investment though slowing down, an indication that the economy may soon start losing momentum.

China's economy solid in May

The Chinese economy was solid for the month of May, but the weak level of investment, the slower housing market, and the tighter monetary policy might minimize momentum for the upcoming months.

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ArgusFX Review

Source: https://www.argusfx.com/en/research-education/market-analysis/news/china-s-economic-factors-stable-but-weak
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