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Gregory Daco
gregdaco.bsky.social
did:plc:knylkw6bvkf2qtl2tckcvz5n
China's economy slows
🔴Fixed-asset investment -1.6% YTD through April
🔴Industrial production +4.1% y/y: weakest ~3 yrs
🔴Retail sales +0.2% y/y: worst since Covid
🔴Car sales -15% y/y: worst since 2022
✅Production electronics (AI) +15.6% y/y: fastest ~2 yrs
https://www.bloomberg.com/news/articles/2026-05-18/china-economy-slows-sharply-as-investment-returns-to-contraction
2026-05-18T15:46:35.271Z