
Slow boat from China
NAB Morning Call
00:00
The Chinese Consumers Aren't Consuming as Much as Expected
People are not consuming as much in china because they still have these covet worries. Retail sales, orat two point seven % year on year, are expected to be up four point nine%. Industrial production weaker than expected, three point eight, down from three point nine. And fixed assed investment is sill to some extent, expected to be doing some of the heavy lifting.
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