MCG 77

#ChinaJulyOutputRetailInvestmentAllMiss $SUI $BTC $ETH #ChinaJulyOutputRetailInvestmentAllMiss China’s July economic data came in weaker than expected: • 🏭 Industrial output: +4.5% YoY vs 4.8% expected • 🛒 Retail sales: +0.6% YoY vs 1.5% expected • 🏗️ Fixed-asset investment: -6.7% in Jan–Jul vs about -6.0% expected • 📉 Domestic demand remains weak, increasing pressure on Beijing for additional stimulus.  Market impact: Negative for China-sensitive stocks and commodities in the near term, while expectations of stronger Chinese stimulus could provide support later. For crypto, the direct impact is likely limited, with global liquidity and U.S. macro remaining more important. #ChinaJulyOutputRetailInvestmentAllMiss