Starting Sunday, China will release a slew of economic data which will likely give investors a better picture of the true health of the Chinese economy. There is optimism that some of the May figures will show an improvement in the country's economic picture. MNI's Beijing Bureau Chief David Wilder says the China trade numbers may show a meaningful improvement. Wilder says there are signs that orders for Christmas products are starting to come in and things may be picking up. But, real estate numbers due out next Friday will likely show the property sector is still in the doldrums. Wilder says any growth in the economic figures will be tempered by debt and the lagging housing market.
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