China Economic Activity and Policy Tracker

Goldman Sachs' weekly tracker indicates that while Chinese property transactions and coal consumption remain above year-ago levels, steel demand and consumer confidence have recently softened.

Key Takeaways

• 1.China's property transaction volume in both primary and secondary markets has edged down recently but remains above levels from a year ago.
• 2.Domestic energy prices (gasoline and diesel) were raised on May 22 to address the energy price supply shock.
• 3.Production signals are mixed, with steel demand ticking down while steel production and coal consumption have increased.

Table of Contents

• 1) Consumption and mobility
• 2) Production and investment
• 3) Other macro activity
• 4) Markets and policy

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