Posted inChina

China retail sales growth slow, job markets shaky

China’s post-Covid economic recovery is slower than expected at a time when many consumers reportedly are suffering from pay cuts and growing child-raising and elderly care costs.  The year-on-year growth rate of total retail sales of consumer goods fell from 18.4% in April to 12.7% in May, the National Bureau of Statistics (NBS) said Thursday. […]

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