China's Economic Data in Focus as US Inflation Takes Center Stage

China's economic data releases this week will be closely watched for signs of uneven growth. August exports are expected to remain strong, supported by global demand for AI-related hardware.

The country's trade, inflation, and credit figures could show a slight increase in prices, partly due to energy costs, AI-equipment prices, and summer travel demand.

However, aggregate financing and new lending are likely to remain weak as subdued household and corporate borrowing offsets relatively resilient government bond issuance.

The data releases may reinforce the divergence between China's export-oriented sectors and still-soft domestic demand.