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China Mar Retail Sales (YoY) improves to 12.6% vs 12.3%

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China GDP Q1 misses expectations

China Q1 real GDP missed expectations by 0.3 bp, printng +7.7% (YoY) versus 7.9% in 4Q, and below expectations of 8.0%. Retail sales improved marginally (+12.4% on a yearly basis vs +12.6% expected), while industrial production stood at +8.9% v est +10.0%.
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