Tomorrow’s economic data from China will provide plenty of fuel for the “Is China slowing?” debate

China weighs in on Tuesday June 14 with its monthly inflation and industrial production update. In April China’s annual inflation rate ticked down to 5.3% from 5.4% in March. With food prices still climbing economists are predicting that inflation will edge back up to 5.5% for May. That will keep inflation above the People’s Bank of China’s target of 4%