Eco Week Ahead
China’s Economic Woes Deepen With Housing Market Slump
- US retail sales may show resilience; Fed releases minutes
- UK inflation and wages, Japanese GDP data also scheduled
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China’s economy is showing little sign of a rebound, with fresh stress in the property market and deflation threatening the growth outlook.
Official data on Tuesday will likely show modest gains in industrial output, retail sales and fixed-assets investment in July from a year ago, although growth rates are still well below pre-pandemic levels.