China April Industrial Production 9.8% y/y (expected +10%) & Retail Sales 17.7% y/y (expected +25.0%)

May 17, 2021 at 03:00AM

China’s economy is performing well, but do be aware of the substantial ‘base effects’ coming in the y/y data coming off a poor April 2020 when the country was in the midst of it pandemic response.  
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