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.

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…

China's domestic economy continues to face significant headwinds despite robust export growth, with consumer spending, property activity and credit demand remaining weak,…