57
In March, China’s industrial production rose by 4.5% on an annual basis, below expectations of +6% growth. The data relating to retail sales in China was also bad, rising by 3.1% compared to the same period last year, below the +4.6% expected by analysts’ consensus and slowing down compared to the growth of the previous month, equal to +5.5%. Focus today above all on China’s GDP, relating to the first quarter of 2024, which beat expectations. The Hong Kong and Shanghai stock markets were negative.
READ ALSO
China: GDP growing by 5.3% in the first quarter of 2024, better than expected
Equities: sell on Wall Street and in Asia with Israel-Iran tensions and rates. Tokyo stock market slips by more than 2%, US futures down