China's CPI grows 2.1% in May

China's consumer price index, a main gauge of inflation, grew 2.1 percent year-on-year in May, down from 2.4 percent in April.

Slow growth continues for China's fiscal revenue

China's fiscal revenue continued a trend of slow growth in May due to tempered economic expansion and the country's tax cutting policies.

China's foreign trade growth slows in May

China's foreign trade growth slowed sharply in May, partly as a result of new government rules to curb capital inflows disguised as trade payments.

China's fixed-asset investment up 20.4% in Jan-May

China's urban fixed asset investment rose 20.4 percent year-on-year to 13.12 trillion yuan ($2.13 trillion) in the first five months.

China's May PPI down 2.9%

China's producer price index, which measures inflation at the wholesale level, fell 2.9 percent year-on-year in May, NBS announced.

China's industrial production expands 9.2%

China's industrial value-added output rose 9.2 percent year-on-year in May, down from April's 9.3-percent increase, the National Bureau of Statistics said

China's retail sales up 12.9% in May

China's retail sales grew 12.9 percent year-on-year to 1.89 trillion yuan ($306.8 billion) in May, the National Bureau of Statistics announced

China's May new yuan loans fall

China's new yuan-denominated lending fell to 667.4 billion yuan ($107.65 billion) in May, down from 792.9 billion yuan in April, the central bank said Sunday.

China's May manufacturing PMI rises to 50.8

China's Purchasing Managers' Index for the manufacturing sector rose to 50.8 percent in May from 50.6 percent in April, data from the CFLP showed.

Major Figures

 

April

May

Price Indexes
CPI

2.4%

2.1% 

PPI

-2.6% 

-2.9 

Growth Indexes
PMI

50.6

50.8

Retail 12.8%

12.9% 

Fixed-asset investment 

20.6%

20.4%

Industrial output

9.3%

9.2%

Trade Indexes
Export

$187b

$183b

Import

$169b

$163b 

Surplus

$18.2b

$20.4b 

Financial Indexes
New loans

792.9b yuan

667b yuan 

M2 103.3t yuan 104.2t yuan
FDI $8.44t  
Other Indexes
Fiscal revenue 1.14t yuan

1.27t yuan 

 

Opinion

Debt control needed

Although it is believed to be controllable, China's overall debt level could bring serious problems if its economy continues to slow down.

Reform to ease debt risks

The greatest risk in the global economy is the continuous exacerbation of sovereign debt risks, which are haunting both developed and developing countries.

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