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

Must Read

China’s COSCO Invests in Largest Greek Port With Expansion Plans for Biggest European Port

Greece’s Prime Minister Kyriakos Mitsotakis announced an agreement for Chinese state-owned shipping firm COSCO to invest and expand the Port...

Nepal–China ties tighten, but who gains?

Author: Anil Sigdel, Nepal Matters for America After upwards of 80 international trips, Chinese President Xi Jinping finally visited his...

China’s 2020 growth could exceed 6 per cent if US trade tensi…

China’s growth next year could reach 6 per cent, or even exceed it, if trade war tensions with the...

Gender discrimination in China’s labour income

Author: Jane Golley, ANU, Yixiao Zhou, ANU, and Meiyan Wang, CASS Income inequality has been a persistent feature of China’s...

Is Australia too dumb and too China-dependent?

Author: Adam Triggs, ANU Having been labelled ‘dumb’, ‘getting dumber’ and ‘too dependent on China’, it’s been a rough few...

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

Leave a Reply

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

Latest News

China’s COSCO Invests in Largest Greek Port With Expansion Plans for Biggest European Port

Greece’s Prime Minister Kyriakos Mitsotakis announced an agreement for Chinese state-owned shipping firm COSCO to invest and expand the Port...

Nepal–China ties tighten, but who gains?

Author: Anil Sigdel, Nepal Matters for America After upwards of 80 international trips, Chinese President Xi Jinping finally visited his South Asian neighbour, Nepal. The...

China’s 2020 growth could exceed 6 per cent if US trade tensi…

China’s growth next year could reach 6 per cent, or even exceed it, if trade war tensions with the United States de-escalate in the...

Gender discrimination in China’s labour income

Author: Jane Golley, ANU, Yixiao Zhou, ANU, and Meiyan Wang, CASS Income inequality has been a persistent feature of China’s rapid growth and development since...

Is Australia too dumb and too China-dependent?

Author: Adam Triggs, ANU Having been labelled ‘dumb’, ‘getting dumber’ and ‘too dependent on China’, it’s been a rough few weeks for Australia’s exports. Luckily,...

More Articles Like This

- Advertisement -
Thailand Business News