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Retail sales in China grew 13.7% in June, down from 13.8% in May, but better than what some...

Retail sales in China grew 13.7% in June, down from 13.8% in May, but better than what some forecasts called for. In real terms, sales accelerated close to 12% for the month, compared to 11% for H1. All in all, the report could be viewed as positive for a number of companies with sensitivity to sales numbers in the nation. Major China retail plays: YUM, NKE, TIF, COH, MCD, HOT.
Comments (6)
  • User 250070
    , contributor
    Comments (9) | Send Message
     
    Does anyone believe China's economic numbers anymore?
    13 Jul 2012, 11:49 AM Reply Like
  • wigit5
    , contributor
    Comments (4119) | Send Message
     
    I imagine the Chinese government roasting a pig with "Economic Data" written on the flank.
    13 Jul 2012, 12:04 PM Reply Like
  • jw4golf
    , contributor
    Comments (340) | Send Message
     
    belief in communistic data is usually counterproductive.
    13 Jul 2012, 12:57 PM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    Someone on the news today said the Chinese People donĀ“t know what is going on in the economy..they just live day to day...kind of like here...
    13 Jul 2012, 01:49 PM Reply Like
  • realornot
    , contributor
    Comments (1281) | Send Message
     
    You missed SBUX.
    16 Jul 2012, 01:17 PM Reply Like
  • jlbrown
    , contributor
    Comments (40) | Send Message
     
    Beware of communists bearing gifts...I believe China has secretly been in deep financial problems for several years now and plans to dump the dollar to try to save its economy. If this happens, words can't describe the total devastation to our own economy...
    19 Jul 2012, 12:42 PM Reply Like
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