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September 01, 2020 1:43pm
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Yuan Tumbles After Chinese Economic Data Dump; Youth Jobless Rate Hits Record High

Courtesy of ZeroHedge An ugly night of data from China tonight suggests the ‘re-opening’ is not gathering pace: China May Retail Sales disappointed, rising 12.7% Y/Y; Est. 13.7% – which is a flashing red indicator. Given the boost from the Golden Week holiday, May retail sales rising just 0.4% from April speaks to how consumer […] Source
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