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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessChina July Retail Sales May Return to Growth: Daily
China' July retail sales may record the first y/y growth since the pandemic at 2%, as online shopping data improved and cinemas reopened, according to Economic Information Daily citing Tang Weijian, the chief analyst with Bank of Communications. Investment in infrastructure in the first seven months could come in at 1.5% y/y after the government sped up construction projects, the Daily reported citing Lu Zhengwei, the chief analyst with Industrial Securities. The Paper cited Li Chao, an economist from Zheshang Securities, who said the demand side is expected to stabilize with the resumption of work and production. China's July data release is due on Friday.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.