Industrial production and retail sales data also published, on separate posts.
other data out at the same time:
- China April Industrial production: 5.4% y/y (expected 6.5%)
- China Retail sales for April: 7.2% y/y (expected 8.6%)
Private sector investment (accounts for around 60% of investment) +5.5%. It had been tracking at +6.4% in Q1.
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For background:
