- Slowdown in China? Industrial output cooled to 6.8% in May, while fixed-asset investment and retail sales expanded 6.1% and 8.5%, respectively - the slowest paces since 1996 and 2003.
- Amid uncertainty about the economic outlook, the PBOC left interest rates on hold overnight despite a policy rate increase from the Fed on Wednesday.
- Washington is also expected to levy tariffs on tens of billions of dollars of Chinese goods as early as Friday.
- Shanghai flat at 3,049.
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