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📉 Key Data on China's Economic Slowdown
1. Investment Side
Fixed asset investment in the first four months decreased by 1.6% year-on-year, with real estate development investment down by 13.7%, showing a clear drag.
2. Production Side
Industrial added value in April increased by only 4.1%, the lowest since mid-2023.
3. Consumption Side
Retail sales in April increased by 0.2% year-on-year (worst since the pandemic), car sales down by 15%, jewelry sales down by 21%.
#中国经济放缓 # Weak domestic demand