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"Shockingly Bad" Chinese Econ Data Stuns Wall Street, Sparks Hard Landing Concerns
"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.
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straitstimes.com
China economy slows sharply as investment resumes declines
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…
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cryptobriefing.com
China's economy slows sharply as investment declines and retail sales miss forecasts
China's fixed-asset investment posts first decline in 30 years as retail sales and industrial output miss forecasts, raising global risk asset concerns.
