Connect with us


Early Look: China’s ‘Lukewarm’ Economy in May



China’s economy appears to have sputtered along at low levels last month, still struggling to find fresh growth momentum following a jump-start earlier this year thanks government stimulus, according to a survey of economists.

The nation’s business activities, from industrial production to retail sales, likely remained lackluster last month after missing economists’ expectations in April, according to a survey of 16 economists by The Wall Street Journal.

In the very least, they said, things are not getting worse. “Lukewarm appears to be the word of the month for China in May,” economists of Standard Chartered Bank (HK) said in a note to clients.

Industrial output, a rough proxy for economic growth, likely grew 6% in May from a year earlier, the same as the month before. Fixed-asset investment outside rural households, a key gauge of construction activity, likely rose 10.4% for the January to May period, slightly slower than a 10.5% increase over the first four months. Retail sales likely climbed 10.1% in May, also unchanged from April’s tally.

Read the complete story here

Continue Reading
Click to comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Top Posts


China4 weeks ago

How will Thailand’s election affect China?

China's investment in Thailand will not be affected much by the result of the general election.

United States2 months ago

Huawei Sues the U.S. for Restricting Business With Federal Agencies

China2 months ago

Chinese investors spent $2.3 bln in Thai property in 2018

Chinese investors have continued pouring their money into Thailand’s property sector even as the kingdom barrels toward an uncertain national election. See author's...

China5 months ago

US–China trade war : will there be a winner ?

The U.S. and China are hours away from a new round of tariffs on each other’s goods, with no improvement...

Economics5 months ago

Trumping financial risks in Asia

Twenty years after the Asian financial crisis of 1997–98 and the global financial crisis of 2007–08, storm clouds are gathering...

Companies5 months ago

Thai Startup Event Banana

Event banana, a Thai start-up based on event venues and its online marketplace, has recently been able to raise about...

Business6 months ago


世界银行集团今天发布的《2019年营商环境报告:强化培训,促进改革》称,东亚太平洋地区各经济体继续大力推进改革议程,在过去一年里实施了43项改革以改善中小企业的营商便利度。 bsullivan See author's posts Related

News7 months ago

What are US-China Trade War Implications for Thailand ?

What are the implications of a US-China for Thailand? Will the economy be hit by global market disruption? Or could...