China's domestic economy remains weak despite export boom, says Jefferies report

China's economy shows a worrying trend: while exports are booming, especially in semiconductors, domestic demand is faltering. Consumer spending dipped in May, confidence remains low, and the crucial property sector is still struggling. Credit growth has also decelerated, indicating a reliance on external markets rather than internal strength. However, a glimmer of hope appears in major cities where home prices are showing signs of recovery.

Raccontata daeconomictimes.indiatimes.comtimesofindia.indiatimes.com