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New ETF gives investors opportunity to act like private equity giant as shift away from public stocks picks up
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New ETF gives investors opportunity to act like private equity giant as shift away from public stocks picks up
Finance
China May retail sales grow at fastest pace since December 2023; industrial output misses expectations
Key Points Retail sales jumped 6.4% from a year earlier in May, sharply beating analysts’ estimates for a 5% growth in a Reuters poll and accelerating from the 5.1% growth in the previous month. Growth in industrial output slowed to 5.8% year-on-year in May, slightly weaker than analysts’ expectations for a 5.9% rise. The urban […]
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Finance
Why aren’t Chinese consumers spending enough
Key Points China’s consumer spending shows little sign of picking up soon. Analysts point to one main factor: stagnant income. Chinese consumers are also turning to lower-priced products, or moving away from big cities to places where the cost of living is lower. Source
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