0653 GMT - A string of China data this week will take the pulse of the economy as views diverge on how the recovery is going. Economists at DBS expect 1Q GDP growth at 4.3% on year, aided by better consumer sentiment and the bottoming out of the regional electronics downcycle. They see retail sales growth slowing mildly to 5.1% in March from 5.5% in January-February, largely as the same period last year got a postpandemic boost, DBS's Taimur Baig and Nathan Chow write in a note. Industrial production growth is tipped to fall to 5.6% from 7.0% over the period on softer trade. However, exports still grew 1.5% on year in 1Q as external demand improved. The data releases are due Tuesday. (fabiana.negrinochoa@wsj.com)
(END) Dow Jones Newswires
April 15, 2024 02:53 ET (06:53 GMT)
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