China's Economy Grapples With Headwinds from Home and Abroad: NBS 📉
China's domestic demand remains insufficient, with retail sales unexpectedly weakening in November, while industrial output and fixed investment growth slightly missed expectations, and home prices continued their downward trend.
The article suggests that China's economic recovery is facing challenges, with weaker-than-expected domestic demand and a complex external environment. This could have a moderate negative impact on the portfolio, as it includes significant exposure to Chinese and global equity markets, as well as commodities like oil and gold, which could be affected by the slowdown in China's economy.