The economic activity date from China, for June, along with Q2 growth data, is the focus for the calendar in Asia today. June is expected to show more on the divergence in China, with subdued domestic activity reflected in falling retail sales y/y while the export engine holds industrial output at a solid +4.6% y/y. Investment is still a basket case, expected -4.9% y/y. This article was written by Eamonn Sheridan at investinglive.com.