State Street: Chinese economic data weaker than consensus estimates

Ridhima Sharma
State Street: Chinese economic data weaker than consensus estimates

The first set of official Chinese data came out post the Lunar New Year holidays clearly indicates a major dent to 1Q growth as officials locked down the country to prevent the spread of the coronavirus. Retail sales, fixed asset investment and industrial production dropped by double digits in the first two months and came in much weaker than consensus estimates. However, this wasn't a big surprise to markets as the domestic equity market, CNY and CNH were all relatively unchanged post the da...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?