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Disappointing slew of Chinese data

FXStreet (Bali) - A disappointing slew of Chinese data across industrial, retail and urban investment sectors just came in, suggesting that the economy is still struggling to recover its growth momentum.

Key headlines

China Industrial Production (YoY) came in at 5.9%, below expectations (6%) in April

China Retail Sales (YoY) below expectations (10.5%) in April: Actual (10%)

China Urban investment (YTD) (YoY) below expectations (13.5%) in April: Actual (12%)

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