During the first quarter, China's GDP grew 7.4% year-on-year, slightly better than market consensus of 7.3%. But other economic data appeared weaker than expected. China's industrial production grew 8.8% year-on-year in March, compared with Bloomberg consensus of 9.0%. Nominal retail sales expanded 12.2% year-on-year in March, largely inline with Bloomberg consensus of 12.1%. Fixed asset […]
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