Hao HONG 洪灝, CFA (@HAOHONG_CFA) “China retails sales y/y growth slows further. 10 months out of 11 deceleration.” — TopicDigg
Hao HONG 洪灝, CFA
@HAOHONG_CFA
Person of the Year-Bloomberg BW;3xChina’s Most Influential Economist;3xEconomist of the Year-Asia Private Banker;“The man called China’s boom & bust”-Bloomberg
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China retails sales y/y growth slows further. 10 months out of 11 deceleration. It shows restructuring towards consumption based growth is challenging.
Meanwhile, investment growth also slows, and new loan growth is negative. More work needs to be done to maintain growth target this year.
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