China's manufacturing PMI beat forecasts at 50.3 on AI-linked exports, but June retail sales are forecast to shrink roughly 1% as Q2 GDP cools to about 4.6%. Thursday's trade data and Friday's GDP release will show how much of Beijing's growth target now rests on exports alone.
India’s retail inflation rose to an 18-month high of 4.38% in June, exceeding the RBI’s 4% target as food prices accelerated. Source
