China Virus Check – Week August 10

CHINA ADVISORY - Report 11 Aug 2020 by Andrew Collier

Our latest data for economic activity shows a continued split between heavy industry and other sectors. Steel, iron ore and property construction remains vibrant, generally higher YoY. Meanwhile, auto sales, cinema attendance and other measures are weak. This reaffirms China is undergoing a production-led revival whose sustainability remains a question.

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