Standard Chartered: China May Data Shows Solid Production, Weak Demand

Standard Chartered economists Hunter Chan and Shuang Ding assessed China's May economic releases, highlighting a divergence between solid production and softer demand. They expect industrial production growth to partially recover from April's slowdown, supported by strong exports and high-tech manufacturing sectors.

The assessment suggests the overall recovery remains uneven, with external demand helping to offset some domestic weakness. No specific policy recommendations or forecasts for individual asset prices were provided in the report.