"I genuinely can’t remember a period when Chinese data, which tends to be heavily massaged, missed by anything close to this magnitude. Negative read through for consumption related categories." - Goldman Delta-One head, Rich Privorotsky.

Not a single economist surveyed by Bloomberg had predicted as pessimistic a reading for industry, retail sales and investment. Read more at straitstimes.com. Read more at…

China's fixed-asset investment posts first decline in 30 years as retail sales and industrial output miss forecasts, raising global risk asset concerns.

China's April data shows retail sales at 0.2% growth, industrial output missing forecasts at 4.1%, and fixed-asset investment contracting, raising global risk concerns.

Driving the newsChina’s economy has unexpectedly staggered into the second quarter. Factories slowed, consumers pulled back and investment unexpectedly shrank, delivering one of…

"I genuinely can’t remember a period when Chinese data, which tends to be heavily massaged, missed by anything close to this magnitude. Negative read through for consumption…