Barclays explains why weak China consumer data may not trigger policy support
Jian Chang, Barclays’ Chief China Economist, breaks down China’s economic data for May. She attributes the decline in retail sales to a deepening slump in the property sector, as well as base effects from the 618 shopping festival in 2025. She explains why Chinese policymakers are not likely to undertake more policy support despite the weak consumer data.Categories
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