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16th Sep 2024 12:20China+Daily Monitor

  • China’s retail sales growth faded in August, as people held back on big-ticket purchases.
  • Bad weather delayed construction, despite a large funding boost from government-bond issuance.
  • Policymakers are unlikely to hit the policy panic button, even if it risks missing 2024’s growth target.

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Keywords for: 17 September 2024 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence