Logo 15 Mar 2023

Underwhelming

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

China’s stats bureau published the monthly econ data for the combined January and February period on Wednesday.
The headlines:

Retail sales increased 3.5% y/y in the first two months of 2023, up from a 1.8% y/y contraction in December.
Fixed asset investment rose 5.5% y/y in December, compared with...