Source: NBS 20 July 2025 | 10:49PM HKT China: Three things in China Three quick highlights from China: n Better-than-expected Q2 real GDP: Last week saw quite a few China macro data releases. Industrial production and exports gained 6.8% yoy and 5.8% yoy in June, respectively, higher than market expectations. Money and credit data also surprised to the upside. Retail sales disappointed on distortions such as shifted timing of the "618" online sales festival and funding shortages of the consumer goods trade- ...