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Ind Output | FAI | Retail Sales - Jan....>

CHINA DATA
MNI (London)
CHINA DATA: Ind Output | FAI | Retail Sales - Jan & Feb Preview Due Mar 16/03/20
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IND OUTPUT Jan & Feb: Bbg Cons -3.0% y/y; Prev 5.7% y/y 
- Output seen declining as many factories were shut down for the Chinese New
Year holiday and the coronavirus outbreak, and are still struggling to reach
full capacity after gradually resuming productions from end-Feb.
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FAI YTD FEB: Bbg Cons -2.0% y/y; Prev 5.4% y/y
- Property investment may be discouraged by the sluggish home sales, while
manufacturing investment may decline on the disruption on supply chains.
- Infrastructure investment may see less impact from the virus.
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RETAIL SALES Jan & Feb: Bbg Cons -1.7% y/y; Prev 8.0% y/y 
- Retail Sales may be largely dampened by shrinking discretionary spending such
as car and catering as the virus kept consumers home, though the purchases of
daily necessities and medicines may increase. 
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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