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China Consumption Still Under Pressure, UBS Says

Economic DataEmerging MarketsTrade Policy & Supply ChainAnalyst InsightsConsumer Demand & Retail

China's main economic indicators came in better than forecasts to start the year, led by stronger external demand. UBS's Ning Zhang highlights a notable divergence between export strength and still-soft domestic activity, implying export-led gains may not yet signal a broad domestic recovery.

Analysis

China's main economic indicators came in better than forecasts to start the year, led by stronger external demand. UBS's Ning Zhang highlights a notable divergence between export strength and still-soft domestic activity, implying export-led gains may not yet signal a broad domestic recovery.

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