China’s economy weathers US tariff storm in May as consumption picks up Carol Yang,Ji Siqi China Economy – South China Morning Post

China’s economic data sent mixed signals in May, with US tariffs continuing to weigh on the country’s manufacturing and exports but domestic consumption picking up slightly in the run-up to a major online shopping festival.
Retail sales, a gauge of consumption, rose by 6.4 per cent in May, compared with the 5.1 per cent growth observed in April, data from the National Bureau of Statistics showed on Monday.
The figures exceeded a forecast of 4.85 per cent growth by financial data provider…China’s economic data sent mixed signals in May, with US tariffs continuing to weigh on the country’s manufacturing and exports but domestic consumption picking up slightly in the run-up to a major online shopping festival.
Retail sales, a gauge of consumption, rose by 6.4 per cent in May, compared with the 5.1 per cent growth observed in April, data from the National Bureau of Statistics showed on Monday.
The figures exceeded a forecast of 4.85 per cent growth by financial data provider…  Read More 

​China Economy – South China Morning Post