瑞银:中国需求-刺激措施即将出台?
2025-07-16 23:25
Broad headline numbers mixed, China property in focus GDP growth in Jun Q remained robust, though other economic indicators for China in the month of June are mixed. Highlights include: 1) June quarter GDP was +5.2% y/y vs consensus +5.1% y/y owing to front-loading of exports and related production, earlier government bond issuance and implementation of already planned stimulus, 2) Industrial production growth accelerated, 3) Property signals deteriorated, and 4) Retail sales slowed. Given prevailing weakne ...