Andrew Kelleher: Director of JMI Wealth on latest economic data from China

China has reported data that suggests slower consumer growth, but industrial activity has remained consistent.   JMI Wealth Director Andrew Kelleher told Mike Hosking “There’s not been enough trickle-down to consumers and households.”  Kelleher said “Consumption is down in the doldrums – retail sales are problematic in New Zealand and around the world – in China they rose 2.3% in April, which is well below expectations.”  LISTEN ABOVE.   See omnystudio.com/listener for privacy information.