China March data - recap

We had GDP data from China for Q1 - steady as she goes there:

• China Q1 GDP: 6.8% y/y (expected 6.8%)

And also we had:

• China March Retail sales 10.1% y/y (exp. 9.7%), Industrial production 6.0% y/y (exp. 6.3%)

I posted some analysis on the numbers already:

• Bank responses to China data coming in - signs of slowdown

Via WSJ (may be gated):

• signs that shipments overseas, home sales and industrial output-all cornerstones of China's economy- are starting to weaken
• Economists say that slowdown is spurred by the anticipation of higher barriers to enter the U.S. market, and a softening of global demand
• Meanwhile, a sustained campaign by Beijing to curb rampant borrowing is biting into big-ticket investments

And, here is a little more, this via Bloomberg :

• Headwinds may strengthen in coming months should Xi's so-called critical battles against financial risk and pollution bite deeper or if trade tensions with the U.S. intensify