Posted inBeijing, China, World

Retail, industrial output slows in ’sluggish’ China picture

A raft of economic data poured out of China’s National Bureau of Statistics on Thursday. But the key element revolved around disappointing retail figures, with sales rising 8.5% last month, a significant drop compared to an increase of 9.4% in April. Analysts had predicted a jump of 9.6%, but the number was still higher than […]

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