China’s Economy Withstood Trade Chaos But Momentum Likely Slowed

The Chinese economy rode out the tariff rollercoaster in May even as domestic consumption likely weakened again, after the government’s massive fiscal stimulus and frontloading by exporters offset shocks from abroad.

Official data due Monday will show industrial production and fixed-asset investment held steady, according to the median estimates of economists surveyed by Bloomberg. But retail sales growth, a key gauge of consumption, probably slipped below 5%, with a contraction in property investment deepening further.