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

|By:, SA News Editor

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.