China Retail Sales Advances 9.5%, Missing Estimates

The video discusses China's economic data, focusing on retail sales, fixed asset investment, and industrial production for the January-February period. Retail sales grew by 9.5%, missing the 10.6% estimate, marking the slowest growth since 2003. Fixed asset investment exceeded expectations at 8.9%, with the private sector contributing 6.7%. Industrial production aligned with estimates at 6.3%. The data highlights China's economic rebalancing and the importance of consumer spending. The GDP target for 2017 is set at 6.5%, with policy adjustments expected.

What was the percentage increase in retail sales for the January to February period, and how did it compare to expectations?

• 8.9%, in line with expectations

• 10.6%, above expectations

• 9.5%, below expectations

• 6.3%, below expectations

How did the fixed asset investment growth compare to the estimates?

• It matched the estimates

• It was significantly lower than the estimates

• It exceeded the estimates

• It was below the estimates

What role did the private sector play in fixed asset investment growth?

• It contributed to a 6.7% increase

• It had no role

• It caused a decline in investment

• It was the main driver of growth

What is the GDP growth target set by China for 2017?

• 8.5%

• 5.5%

• 6.5%

• 7.5%

Which additional indicators suggest robust economic growth in China?

• Reduced electricity consumption

• Decreased rail volumes

• Increased power consumption and rail volumes

• Declining industrial activity