Economics
China Data Blast May Show Factory Pickup, Cooling Investment
- Economists see consumer spending, industrial output edging up
- Big data indicators signal slightly slower property sales
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A batch of China’s official economic indicators, due Thursday, is expected to signal improving consumption and factory output along with some softening in investment.
The official releases set for 10 a.m. in Beijing will show industrial production and retail sales both picked up while fixed-asset investment slowed slightly, according to economists surveyed by Bloomberg. That’s an outlook largely confirmed by private-sector proxy indicators. Other reports from the central bank this week are forecast to show credit growth held up.